Benchmark indices registered sharp recovery in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, fell 40.11 points or 0.09% at 45,513.85. The Nifty 50 index slipped 27.10 points or 0.20% at 13,301.30.
Shares corrected across the globe on concerns that a fast-spreading new coronavirus strain found in Britain could disrupt a global economic recovery. Investors also locked profits ahead of year-end holidays.
The broader market underperformed the benchmarks. The S&P BSE Mid-Cap index fell 0.58%. The S&P BSE Small-Cap index lost 0.80%.
Sellers outnumbered buyers. On the BSE, 833 shares rose and 1,963 shares fell. A total of 151 shares were unchanged. In Nifty 50 index, 29 stocks advanced while 21 stocks declined.
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GSM Tower Market-Industry Analysis as well as projection 2019-2027: American Tower, Reliance Industries, Vertical Bridge, SBA Communications – BIZNEWS
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