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Tuesday, 15 November 2016

Live Equity Market News: Sensex Falls Over 200 Points

Sensex falls over 200 points:
The S&P BSE Sensex is trading at 26,578 down 241 points, while NSE Nifty is trading at 8,225 down 71 points. Asian markets opened flat after being under severe selling pressure in the last few days. Institutional investors have opted to sell emerging market stocks & enter developed markets with money aggressively buying into US, German & Japanese indices. This may be the short term aberration from the Trump victory which has seen US $ hit new year highs while bond yields top 2.18% & stocks hit new all time highs.

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Rupee slumps 63 paise:
The Indian Rupee closed lower by 63 paise at 66.62/$. The local unit hit a high of 66.80/$ and a low of 66.42/$ today.

Top 10 stocks in focus today:
Hindalco Industries, Tata Motors, Suzlon Energy, Tata Steel, Aurobindo Pharma, BPCL, IFCI, Divis Laboratories, Reliance Infrastructure, Mahindra & Mahindra

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