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Monday, 7 November 2016

Live Stock Market Updates: Nifty Above 8500 Mark

Sensex rallies over 200 points, Nifty above 8500 mark:
Sensex is trading at 27,479 up 205 points, while NSE Nifty is trading at 8,507 up 74 points. Asian markets opened in the green after a week of declines & should see pull back from deeply oversold zone extend as we head into the results of US elections due on Tuesday night.The pessimism & fear caused by the rhetoric & predictions of the results have left an extremely sour taste in the face of most investors with November losses wiping out entire 4 months of profits on equities.

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Rupee opens at 66.74 :
The rupee opened marginally lower by four paise at 66.70/$ as against the previous close of 66.74/$.

Top 15 stocks in focus today:
Punjab National Bank, Reliance Industries, Dalmia Bharat Ltd, Bank of Baroda, PNB Housing Finance, KPIT Tech, Union Bank of India, Indian Hotels, Titan Company, Credit Analysis and Research.

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