Market ends marginally lower amid volatility, FII selling, weak Q2 earnings & geopolitical tensions.

November 9, 2024 4:36 PM.

The market erased the previous week’s gains and ended marginally lower in the volatile week ended on November 8 amid continued FII selling, weak Q2 earnings and, geopolitical tension.

This week, BSE Sensex was down 237 points or 0.29 per cent to end at 79,486, while the Nifty50 index was down 156 points or 0.64 per cent to close at 24,148.

The BSE Mid-cap Index was down 0.4 per cent, the BSE Large-cap Index was down 0.7 per cent and the BSE Small-cap index shed 1.3 per cent. Among sectors, the Nifty Realty index shed more than 4 per cent, Nifty Media fell 3.2 per cent, the Nifty Energy index declined 3 per cent, and the Nifty Oil & Gas index was down nearly 2 per cent.

On the other hand, the Nifty Information Technology index added 4 per cent, and the Nifty PSU Bank index rose 1 per cent.