Sensex Ends 136 Pts Lower, Nifty Slips Below 11,650; Reliance Gains Ahead of Earnings

Market was highly volatile during the day, said S Ranganathan, Head of Research at LKP Securities, adding that auto stocks witnessed profit booking. However, a late comeback by RIL ahead of its earnings helped indices gain some lost ground in afternoon trade, he said.

According to experts, market mood has been wary this week on a steady increase in COVID-19 caseload globally despite falling cases in India and uncertainty around the upcoming US elections. Bourses in Shanghai, Hong Kong, Seoul and Tokyo ended the day in significant losses.

Stock exchanges in Europe were also largely trading on a negative note. Meanwhile, international oil benchmark Brent crude was trading 0.58 per cent higher at USD 38.48 per barrel.