Market Update- Sensex down 500 points, Nifty above 23,300

The benchmark indices were trading lower on November 21, as selling pressure was seen among majority of the index heavyweights. Majority of the sectors were trading in red. At 1.10 pm, Sensex slipped by 0.67% or 523 points to 77,053. The Nifty dipped by 0.80% or 185 points to 23,330.

Adani Group stocks were lower following the order by US SEC & Court charging Gautam Adani and others.

Global News-

Asia-Pacific markets mostly fell, with investors watching tech shares in the region after chipmaker Nvidia reported better-than-expected results.

European stocks head for slightly higher open amid subdued market sentiment.