3.39 PM: Closing Bell: Nifty ends below 12,800, Sensex falls 580 pts dragged by IT, financials

Market Close: Benchmark indices broke the 4-day gaining momentum on November 19 on the back of profit booking seen in the IT and Financials name.

At close, the Sensex was down 580.09 points or 1.31% at 43,599.96, and the Nifty was down 166.60 points or 1.29% at 12,771.70. About 1179 shares have advanced, 1384 shares declined, and 156 shares are unchanged.

SBI, Coal India, Axis Bank, ICICI Bank and JSW Steel were among major losers on the Nifty, while gainers were Power Grid Corporation, ITC, NTPC, Tata Steel and Titan Company.

Nifty Bank index shed nearly 3 percent, while Infra and IT indices fell 1 percent each. However, Energy and FMCG indices ended in the green.

News Source:- moneycontrol

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