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Indian markets slip as Sensex falls over 350 points ahead of derivatives expiry
The BSE Sensex dropped more than 350 points, while the Nifty 50 slipped below the 25,500 level, as traders booked profits ahead of the weekly derivatives expiry. Financial and PSU bank stocks led the decline amid a rollover of futures and concerns over global cues. Experts noted the index rally of prior weeks is undergoing consolidation and warned that volatility may remain elevated until fresh corporate or policy catalysts emerge.
Currency and crude oil movements are also being closely watched by participants.
Tags:
- markets
- india equities
Discvr• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
Indian markets slip as Sensex falls over 350 points ahead of derivatives expiry
The BSE Sensex dropped more than 350 points, while the Nifty 50 slipped below the 25,500 level, as traders booked profits ahead of the weekly derivatives expiry. Financial and PSU bank stocks led the decline amid a rollover of futures and concerns over global cues. Experts noted the index rally of prior weeks is undergoing consolidation and warned that volatility may remain elevated until fresh corporate or policy catalysts emerge.
Currency and crude oil movements are also being closely watched by participants.
Tags:
- markets
- india equities
Discvr• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
81 words
Sensex fell more than 350 points and Nifty slipped below 25,500 on 11 November as profit-booking ahead of derivatives expiry and global uncertainty weighed.
The BSE Sensex dropped more than 350 points, while the Nifty 50 slipped below the 25,500 level, as traders booked profits ahead of the weekly derivatives expiry. Financial and PSU bank stocks led the decline amid a rollover of futures and concerns over global cues. Experts noted the index rally of prior weeks is undergoing consolidation and warned that volatility may remain elevated until fresh corporate or policy catalysts emerge.
Currency and crude oil movements are also being closely watched by participants.
The BSE Sensex dropped more than 350 points, while the Nifty 50 slipped below the 25,500 level, as traders booked profits ahead of the weekly derivatives expiry. Financial and PSU bank stocks led the decline amid a rollover of futures and concerns over global cues. Experts noted the index rally of prior weeks is undergoing consolidation and warned that volatility may remain elevated until fresh corporate or policy catalysts emerge.
Currency and crude oil movements are also being closely watched by participants.
Tags:
- markets
- india equities
- markets
- india equities
- Sensex
- Nifty50
- derivatives expiry