The stock market indices closed negative at the end of a highly volatile trading day on November 30. The Sensex ended 195.71 points lower or 0.34 percent at 57,064.87. The broader Nifty shed 81.40 points or 0.48 percent at 16,972.60. About 1675 shares have advanced, 1383 shares declined, and 112 shares are unchanged.
Among major gainers were Power Grid Corporation, Shree Cements adn Bajaj Finserv. Top losers were Tata Steel, Kotak Mahindra Bank, Reliance Industries and Bajaj Auto.
Gaurav Udani, CEO & Founder, ThincRedBlu Securities, said, "The Nifty had an extremely volatile session today, after making a high of 17,324 it closed at 16,970 , down by almost 350 points from the top. This is a bearish sign and Nifty may re-test 16,850 levels in the next few sessions. Traders are advised not to initiate any new longs in the current markets."