Stock Market Live Updates November 18, 2024: Sensex, Nifty trade in red; analysts remain cautious

Sensex, Nifty, Share Prices LIVE: Indian benchmark indices slip after a marginally higher opening on Monday. At 9:40 am, Sensex traded at 77,124.89, down 455.42 pts or 0.59%, while Nifty 50 declined 153.85 pts or 0.65% to 23,378.85. Analysts expect the market to witness lackadaiscal activity in the curtailed trading week. According to analysts, market may open weak but may see a recovery during the later part of the day, as FPI may slowdown their selling activity. Last week, CLSA said it is reversing its trade that saw a tactical deployment of its over-exposure to India towards China at the start of October. The brokerage will go back to being 20 per cent overweight on India after reducing its India overweight to 10 per cent. China will return to a benchmark exposure from 5 per cent overweight.