Stocks market today: Sensex, Nifty 50 crash 1% each; what is driving the market down? Explained with 5 factors | Stock Market News
Source: Live Mint
Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- plunged by a per cent each in morning trade on Thursday, November 21, amid weak global cues.
The domestic market witnessed a broad selloff as mid and small-cap segments also suffered losses.
The overall market capitalisation (m-cap) of BSE-listed firms dropped to nearly ₹425 lakh crore from about ₹431 lakh crore in the previous session, making investors poorer by about ₹6 lakh crore in a single session.
The Sensex opened at 77,711.11 against its previous close of 77,578.38 and dropped 1 per cent to the level of 76,802.73. On the other hand, the Nifty 50 opened at 23,488.45 against its previous close of 23,518.50 and fell over a per cent to 23,263.15.
Around 11:20 am, the Sensex and the Nifty 50 were down 0.7 per cent and 0.8 per cent, respectively.
