The stock market stayed under tremendous selling pressure. The 30-share BSE Sensex dropped 468.62 points or 1.82 percent to 25296.16 and the 50-share NSE Nifty shed 147 points or 1.88 percent to 7676, dragged by banks, metals & oil and gas stocks. Asian markets, as well, declined in front of US occupations information due later today.
The broader markets are additionally gotten in the bear grasp with the CNX Midcap tumbling more than 2 percent. Stocks like IRB Infra and JSPL saw cuts of around 6-7 percent. Development decay proportion is to a great degree frail at 1:10 for the decreases.
MCX SILVERM November contract was trading at Rs 35612 up Rs 190, or 0.54 percent. The SILVERM rate touched an intraday high of Rs 35664 and an intraday low of Rs 35500. So far 2565 contract have been traded. SILVERM prices have moved down Rs 7448, or 17.30 percent in the November in this way.
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