The stock market concluded the week of November 24, 2023, with a little decline. That morning, the stock market opened flat. On Friday, there was selling in the IT stocks.  The stock exchange had highs and lows. The BSE Sensex finished at 65,970.04 during this volatile time, down 47.77 points, or 0.07 percent. It increased by 207.59 points throughout the day to hit a top of 66,101.64 and a low of 65,894.05.

Top gainer and top loser

964 stocks finished on the green level and 1135 stocks closed on the red mark on Friday, according to the NSE. The stocks of HCL Tech, Wipro, Tech Mahindra, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement, and Tata Steel finished down among Sensex firms.

Conversely, the leading guns were the stocks of Axis Bank, HDFC Bank, ICICI Bank, JSW Steel, Mahindra & Mahindra, and Kotak Mahindra Bank.

Global market situation

Tokyo finished higher on Asian markets, but Seoul, Shanghai, and Hong Kong closed down. The majority of trade activity on European markets was favorable. On Thursday, US markets were closed in observance of Thanksgiving.

The benchmark for world oil, Brent crude, increased by 0.18 percent to US$81.57 per barrel. Exchange data indicates that on Thursday, foreign institutional investors (FIIs) purchased stocks valued at Rs 255.53 crore.

Rupee Weakened

The rupee ended Friday’s trading session down 3 paise vs the US dollar. The local currency started at 83.33 on the interbank foreign exchange market and fell as low as 83.38 versus the US dollar. It ultimately finished 3 paise lower than its previous closing, at 83.37 (provisional) versus the dollar. The rupee’s closing value versus the US dollar on Thursday was 83.34.