Monday, 20 November, 2017

Sensex down 30 points, Nifty trades at 10212

Sensex Nifty trade in red RCom among top losers Sensex Nifty trade in red RCom among top losers
Kayla Schwartz | 14 November, 2017, 19:54

Market breadth was negative with 754 advances against 1,125 declines.

The Sensex of the BSE, which opened at 32,990.03 points, traded at 33,006.73 points (at 1.50 p.m.), lower by 26.83 points or 0.08 per cent from the Monday's close at 33,033.56 points.

L&T, HDFC twins, Infosys, ITC pushed the market lower; but Reliance Industries (up 1.3 percent) and auto stocks capped losses.

Indian shares extended fall on Tuesday, tracking lackluster Asian equities and amidst reduced chances of a rate cut by the central bank after retail inflation quickened to a seven-month high.

The 30-share BSE Sensex was down 91.69 points at 32,941.87 and the 50-share NSE Nifty fell 38.40 points to 10,186.60 amid volatility.

The Consumer inflation (CPI) jumped to a 7-month high of 3.58 per cent in October, driven by costlier food items, particularly vegetables.

Jimmy Fallon holds back tears as he pays tribute to late mother
I could see Jimmy silhouetted at his desk dabbing his eyes with a tissue. I think everyone in the audience started sobbing", he wrote .

"Weak Asian cues also negatively influenced trading sentiments", Jasani added.

On the currency front, the rupee closed flat at 65.42 against the United States dollar from its previous close.

Vinod Nair, Head of Research, Geojit Financial Services, said: "Domestic investors turned cautious giving more weight to slow down in IIP to 3.8 per cent, geopolitical tensions in Middle East and continued advancement in crude prices".

On the other hand, the S&P BSE consumer durables index rose by 129.50 points, automobile index by 57.54 points and realty index by 16.85 points.

The top gainer on both indices was Hero MotoCorp, whose share prices rose 2.1% on the Nifty and 1.96% on the Sensex.

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