Live
- Cops silence deafening noise of 100 bikes
- Guv inaugurates medical screening camp for Raj Bhavan staff
- Job fair for pharmacist roles tomorrow
- New ration cards to be issued in January
- Job mela at Masab Tank tomorrow
- New toilets facilitated for MPP school students
- Steps to safeguard natural springs gain momentum
- RWAs want officials to clear fog over SCB-GHMC merger
- Tanks, canals remain neglected despite execution of MGNREGS works
- BRS to celebrate Deeksha Diwas on Nov 29, Dec 9
Key domestic indices today fell marginally; Sensex falls 110 points; Nifty settles at 12,969
Sensex fell 19 points & Nifty ends above 15,900 mark
The main equity indices ended a volatile session with small losses on Friday, November 27, 2020, although the global stocks were up.
The main equity indices ended a volatile session with small losses on Friday, November 27, 2020, although the global stocks were up. The S&P BSE Sensex fell 110.02 points or 0.25 per cent at 44,149.72. The Nifty 50 index declined 18.05 points or 0.14 per cent at 12,968.95. However, Nifty Bank grew 59.30 points, or 0.2 per cent, to settle at 29,609.05.
The market breadth was strong. On the BSE, 1754 shares rose and 1050 shares fell. On the Nifty 50 index, 15 shares advanced while 34 declined and 1 remain unchanged. The major gainers on the Nifty block were Tata Motors (up 2.82 per cent), Asian Paint (up 2.01 per cent), Hero MotoCorp (up 2 per cent), Divi's Laboratory (up 1.80 per cent) and Bajaj Auto (up 1.31 per cent). The major losers were Nestle India (down 4.34 per cent), Power Grid (down 3.24 per cent), JSW Steel (down 2.60 per cent), Shree Cement (down 233 per cent) and HCL Technologies (down 2.24 per cent).
The broader market at BSE outperformed the Sensex as the BSE Mid-Cap index surged 1.91 per cent while the BSE Small-Cap index zoomed 2.4 per cent.
GDP Data
The National Statistics Office will release the July-September quarter gross domestic product (GDP) data today. The domestic equity market will remain shut on Monday on account of Guru Nanak Jayanti.
In the US, financial markets were closed on Thursday for the Thanksgiving holiday while the US bonds and stocks will trade on a partial schedule on Friday.
COVID-19
Total COVID-19 confirmed cases worldwide were at 6,03,33,049 with 14,20,462 deaths. India reported 4,55,555 active cases of COVID-19 infection and 135,715 deaths while 87,18,517 patients have been discharged, data showed.
Amitabh Kant, CEO, NITI Aayog has said that India is uniquely positioned in the global landscape and has the potential to become the leading force in the new world order. India can create up to $1 trillion of the economic value by digital economy by 2025 with half of the opportunities originating in new digital ecosystems that can spring up in diverse sectors of the economy, he noted addressing the virtual session on Collaboration between Industry and Science during the Global R&D Summit 2020, organised jointly by the Department of Science and Technology, GoI and FICCI. India could potentially see a five-fold increase in economic value from digital transformation by 2025. This will represent an attractive opportunity for global and local businesses, start-ups, and innovators to invest in emerging technologies like AI, blockchain or drones.
