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Sensex Today | Stock Market Live Updates: Nifty futures hint at a muted start; Brent around $92

Published by CNBC-TV18 · India 24 min ago
Sensex Today | Stock Market Live Updates: Nifty futures hint at a muted start; Brent around $92
Sensex Today | Stock Market Live Updates: Nifty futures hint at a muted start; Brent around $92 · CNBC-TV18

Detailed summary

Sensex Today | Stock Market Live Updates: After multiple days of seeing strong gains, both Nifty and the Nifty Bank showed first signs of exhaustion at higher levels, indicating that the market could be headed for a phase of consolidation before resuming its uptrend again.

Index services provider MSCI announced the results of its November review early Thursday, November 12. Four stocks were added to the MSCI Global Standard Index, while one was removed.

Life Insurance Corporation of India Ltd. (LIC), Coforge Ltd., Adani Green Energy Ltd., and Meesho Ltd. are the four Indian stocks included in the Global Standard Index, in line with analysts’ expectations.

Some of the stocks to watch out for the day include Tata Power, Bajaj Finance, Mishra Dhatu, Life insurers and more.

Markets remained firm in the second half of the session, though benchmark indices surrendered some gains from their intraday highs. The Nifty rose by more than 220 points, approaching the 25,500 level, while the Nifty Bank retained gains of over 1,100 points despite retreating from its peak.

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