Sensex falls 319 points, Nifty slips below 25,200: What dragged Dalal Street today?

Detailed summary

The Sensex and Nifty snapped their three-day gaining streak on Friday, falling 319 points and 155 points, respectively, as crude oil prices rose and selling pressure hit several…

The equity benchmark indices snapped their three-day gaining streak on Friday (November 13), with the Sensex falling 319 points and the Nifty slipping 155 points to close below the 25,200 mark.

Selling pressure across heavyweight stocks, rising crude oil prices and weakness in several sectoral counters dragged the market lower, with market breadth favouring declines.

The BSE Sensex ended 319 points, or 0.39%, lower at 81,592, while the NSE Nifty50 declined 155 points, or 0.61%, to settle at 25,144. The Nifty Bank index dropped 484 points to 61,034, while the Nifty Midcap index slipped 150 points to 61,890.

ALSO READ | NMDC shares fall after Q2 operating miss; JPMorgan, Citi say 'sell'

Market breadth remained weak, with 39 Nifty50 constituents closing in the red and 18 stocks declining more than 1%. The advance-decline ratio stood at 2:3, indicating a greater number of declining stocks.

Paint companies, airline stocks and oil marketing companies (OMCs) came under selling pressure as crude oil prices rose. IndiGo declined 1%, while Hindustan Petroleum Corporation Ltd (HPCL) fell 2%.

Shares of gold loan companies Muthoot Finance and Manappuram Finance declined 3% each as gold prices slipped during the session.

ALSO READ | TD Power shares are now up 100% for 2026 after another guidance raise on Q2 results

Tata Motors Passenger Vehicles (PV) ended 3% lower ahead of its second-quarter results. Grasim Industries declined more than 2% after reporting its second-quarter earnings, missing margin estimates. Vodafone Idea shares also slipped 3%, with marketing expenditure expected to remain high.

Opening of the article, excerpted from CNBC-TV18. To read the rest, open the article on the publisher's site.