Indian stock market saw a continuous decline

The Indian stock market declined on Thursday (November 17), the fourth trading day of the week. The Sensex closed at 61,750, a fall of 230 points. The Nifty rose 65 points to reach a level of 18,343. 22 out of 30 Sensex stocks saw a decline. Eight stocks declined. Earlier on Wednesday, the market reached a new 52-week high. The Sensex reached 62,052.57. However, it closed at 61,980, up 107.73 points or 0.17%. The Nifty also closed at 18,409.65, a marginal gain of 6.25 points or 0.034%.

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Indian stock market saw a continuous decline

Nine of the NSE's 11 sectoral indices declined.The bank, auto, financial services, IT, metal, pharmaceutical, private bank, FMCG, and media sectors declined. The public sector banking and real estate sectors experienced a surge.Among the top Nifty gainers were Tata Consumer, Adani Enterprises, LT, Power Grid, HDFC Life, ICICI Bank, and Bharti Airtel, among 13 others.Titan, M&M, Tata Motors, Eicher Motors, Apollo Hospitals, Hindalco, Maruti, Grasim, Dr. Reddy, and Bajaj Auto were among the 37 losers on the Nifty.

There was a decline in gold and silver in the market today. 24 carat gold closed the day at Rs 52,894 per gram. When it comes to silver, it has reached Rs 61,253 per kg. The rupee weakened by 37 paise against the dollar.