Sensex sheds over 150 pts, Nifty at 16.9k; only Pharma in green
Sensex and Nifty opened in the red today with most of the sectors dragging. Only six of the 30 Sensex stocks opened in green. Only Friday too, Indian stocks tumbled nearly 3% to hit a three-month low, tracking Asian markets, as investors pressed the panic button over reports of a new and possibly vaccine-resistant coronavirus variant. Currency markets stabilized after Friday’s volatility.
Top gainers/losers in opening deals
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24 of 30 Sensex stocks in red
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Adani Group says ‘disappointed’ by MSCI’s decision to drop Adani Ports from some of its climate change indices
Adani Group issued a statement with respect to MSCI’s action on climate change indices as it dropped Adani Ports from some of its climate change indices. Adani Ports in an exchange filing on Sunday said that the MSCI’s decision on climate indices is disappointing.
Markets in pre-open
At market pre-opening, Sensex was down nearly 500 points.
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Nifty at pre-open
At market pre-opening, Nifty was down nearly 400 points.
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Asian markets extended losses but oil bounces after Omicron rout
Asian markets fell again Monday but oil rebounded strongly as investors try to assess the threat of the new Omicron Covid strain on the global economic recovery.
Equities around the world went into freefall Friday on news of the heavily mutated variant, which some fear could evade vaccines, as it forced several governments to throw up flight bans from southern Africa where it was discovered and introduced fresh containment measures.
Indiabulls Housing Finance stock under NSE’s F&O ban list for today
Only one stock has been put under the ban for trade on Monday, November 29, 2021 under the futures and options segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O segment as they have crossed 95% of the market-wide position limit (MWPL), as per the NSE. Indiabulls Housing Finance is the only stock under NSE’s F&O ban stock list for today. The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and are therefore have…
Read More: Sensex sheds over 150 pts, Nifty at 16.9k; only Pharma in green