Mumbai, Nov. 21 -- The key equity barometers traded with moderate cuts in afternoon trade, amid weak global cues. Investors turned cautious after the latest US jobs data failed to offer clarity on the Federal Reserve's rate-cut trajectory, keeping global markets on edge. The Nifty traded below the 26,150 mark.
Metal, realty and PSU bank shares declined while auto and FMCG shares advanced.
At 13:25 IST, the barometer index, the S&P BSE Sensex, slipped 277.70 points or 0.32% to 85,354.98. The Nifty 50 index lost 75.80 points or 0.29% to 26,118.80.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.97% and the S&P BSE Small-Cap index dropped 0.88%.
The market breadth was weak. On the BSE, 1,318 shar...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.