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Stock Market Opens in Red; Sensex Falls 470 Points, Nifty Below 25,200

Stock Market Opens in Red; Sensex Falls 470 Points, Nifty Below 25,200

Indian stock markets opened Friday's trading session, November 13, on a weak note, with both benchmark indices facing selling pressure. The Sensex dropped around 470 points, while the Nifty 50 slipped below the 25,200 mark during early trade.

However, markets recovered some losses as the session progressed. At around 10 AM, the Sensex was trading 202 points lower at 81,708, while the Nifty declined 97 points to 25,201.

Sector-wise, Auto, Private Banking, IT and Realty stocks remained under pressure, declining around 0.5–1%. On the other hand, the Pharma index gained around 0.5%.

Among individual stocks, Sun Pharma gained 0.65%, emerging among the top Nifty gainers. Meanwhile, Shriram Finance declined around 2.4%, making it one of the biggest losers.

Investors remained cautious amid global uncertainty and rising crude oil prices.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.