The Indian stock market benchmark indices, Senex and Nifty 50, are likely to open lower on Wednesday tracking weak global market cues.The trends on Gift Nifty also indicate a negative start for the Indian benchmark index.

At close, the Sensex was down 820.97 points or 1.03 percent at 78,675.18, and the Nifty was down 257.80 points or 1.07 percent at 23,883.50. About 1155 shares advanced, 2641 shares declined, and 93 shares unchanged.

Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 12 November, 2024.

Steep correction in the benchmark Nifty 50 index continued which now is closer to 23880 levels and analysts do not rule out Nifty testing the long-term moving average at the 200 DEMA level, around 23,