Tuesday, 7 November 2017

SENSEX TANKS NEARLY 400 POINTS ; NIFTY CLOSE OVER 1% LOWER

Sensex plunged nearly 400 points intraday on Tuesday due to negative domestic and global cues. Profit-booking by funds and retail investors, rising crude oil prices, heavy fall in pharma stocks led by Lupin, and DII selling aided the downtrend. Sensex was down 370 points or 1.1 percent at 33,360 and Nifty was down 101 points or 0.97 percent at 10,350. Lupin shares fell 15% to hit near four year low of Rs 879. Indian Oil Corp Ltd fell 3%, Hindustan Petroleum Corp Ltd 2.6%, Bharat Petroleum Corp Ltd 2.4%. Jet Airways India Ltd fell 4.3%, SpiceJet Ltd declined 4%, InterGlobe Aviation Ltd 2.5%. MMTC Ltd rose 13% to Rs96. Infosys Ltd rose 2%, Wipro Ltd 1.1%, Tech Mahindra Ltd rose 1.3%, HCL Technologies Ltd 2.1%, Torrent Power Ltd rose 3.5% to Rs281.60
GLOBAL MARKET:
of Asia-Pacific shares outside Japan edged up 0.2 percent in early trade to its loftiest peak Asian shares touched their highest in a decade, while oil prices edged down after surging to a more than two-year peak as Saudi Arabia's crown prince cracked down on corruption. MSCI's broadest index since November 2007, getting a bump higher after all three major US equity indexes closed at record highs overnight. Japan's Nikkei slipped 0.2 percent, feeling the pinch as the yen remained well above the previous session's lows.
TOP GAINERS:
Company
Group
Current Price
% Change
PDS Multi. Fashions
B
273.60
+ 20.00
Sakuma Exports
B
262.60
+ 19.99
Wheels India Ltd.
B
1,861.10
+ 13.11
Alphageo (India)
B
865.80
+ 11.14
Kitex Garments
B
327.85
+ 11.12
Datamatics Global Se
B
113.40
+ 10.69
Balmer Lawrie &
B
278.80
+ 10.13
Salona Cotspin L
B
147.10
+ 10.10
TOP LOSERS:
Company
Group
Current Price
% Change
Jyothy Laboratories
B
335.95
-13.99
Eimco Elecon Ind
B
530.80
-12.58
Cords Cable Industri
B
134.85
-10.87
Kellton Tech Solutio
B
108.65
-8.66
Akme Star Housing
B
109.00
-8.63
Saksoft Ltd.
B
219.25
-8.63
Infinite Computer So
B
243.15
-8.42
Century Enka
B
353.50
-8.42

No comments:

Post a Comment