15.38 PM: Closing Bell: Nifty ends below 18,000, Sensex falls 396 pts; auto stocks outshine

Market Close: Benchmark indices ended on negative note on November 16 with Nifty below 18000 dragged by the bank, pharma, oil & gas and metals stocks.

At close, the Sensex was down 396.34 points or 0.65% at 60,322.37, and the Nifty was down 110.30 points or 0.61% at 17,999.20. About 1496 shares have advanced, 1639 shares declined, and 122 shares are unchanged.

Shree Cements, Reliance Industries, Hindalco Industries, Tata Consumer Products, SBI were among the major Nifty losers. However, gainers included Maruti Suzuki, M&M, Tata Motors, Hero MotoCorp and Tech Mahindra.

Among sectors, the PSU Bank index shed 2 percent, while Nifty Bank, Energy and Pharma indices down 1 percent each. However, Auto index added over 2 percent. The BSE midcap index was down 0.22 percent, while the smallcap index ended with marginal gains.

News Source:- Moneycontrol

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