The market retained its uptrend for the third consecutive session, but the bulls' strength reduced considerably in the week ended November 20 compared to the previous two weeks. The benchmark indices turned volatile after hitting fresh record high levels as the market was looking for triggers in the later part of the week.
The BSE Sensex rose 244.27 points to 43,882.25, and the Nifty50 gained 78.80 points at 12,859.05 after surging 10 percent in the previous two weeks. The indices were supported by consistent FII liquidity and strong developments on the vaccine front, but the rising COVID-19 cases across the globe capped upside.
Petrol and diesel prices remained unchanged in the country on Sunday, 23 January.
In Delhi, fuel is relatively cheaper than the rest of the metros because the state government had earlier decided to reduce the Value-Added Tax (VAT) on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre.
Manipur on Saturday recorded three more COVID-19 deaths, taking the death toll to 2,022, while 404 new positive cases pushed the state's tally to 1,29,661, according to the latest update by the state health department. The positivity rate is 18.1 per cent. The three COVID-19 fatalities recorded on Saturday are from Chandel, Imphal West and Imphal East.
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