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Wednesday, 26 October 2016

Stock Market News And Analysis: Sensex, Nifty Open In Red

Sensex, Nifty open in red:

BSE Sensex is trading at 28,017 down 75 points, while NSE Nifty is trading at 8,657 down 34 points. Asian markets opened weak as after hours Apple disappointed with weaker than expected numbers while oil prices retreated. The Dow Jones index also grinded to close lower as earnings disappointment out weighed strength in commodities. With hardly any cues going forward before the US election results expect this week to be range bound with a negative bias as smart money sits on the sideline.

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Rupee ends marginally stronger:

he Indian currency ended higher by three paise at 66.82/$. The local unit hit a high of 66.82 and a low of 66.93 today.

Top 10 stocks in focus today:

ITC, Bharti Airtel Ltd, Adani Ports, Crompton Greaves Consumer Electricals Ltd, NBCC, Symphony, Thyrocare Technologies, Granules India, Mahindra & Mahindra, Arvind.

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