Stock Market Latest News | Top Stories | MARKET PULSE on Wednesday,15 November 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Wednesday,15 November 2017

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TOP STORY- Stock Market For Wednesday,15 November 2017

 NBCC – Lenders ask NBCC to develop defaulters’ land
 Laurus Labs gets establishment inspection report (EIR) from USFDA for AP plant
 HCL Technologies signed a 5-year IT infrastructure services contract with Jardine Lloyd
Thompson GroupHDIL to divest 60 percent in Ravijyot Finance and Leasing
 Vodafone pegs $5-bn valuation for 42% stake in Indus
 Trade deficit widens to near 3-year high in October
 Govt seeks special dividend from RBI for bank recapitalization
 After 13-month recovery, exports fall 1.1% to $23 bn
 Govt to incentivise faster implementation of highway contracts
 Biocon arm widens partnership terms with Bristol-Myers Squibb

MARKET COMMENTARY for Wednesday,15 November 2017

The Nifty 50 index fell 38.35 points or 0.38% at 10,186.60, its lowest closing level since 23 October 2017. The index rose 23.05 points, or 0.23% at the day’s high of 10,248. The index fell 49.40 points, or 0.48% at the day’s low of 10,175.55.

The Sensex fell 91.69 points or 0.28% at 32,941.87, its lowest closing level since 24 October 2017. The index rose 92.99 points, or 0.28% at the day’s high of 33,126.55. The index fell 126.45 points, or 0.38% at the day’s low of 32,907.11.

The breadth, indicating the overall health of the market, was negative. On BSE, 1,546 shares declined and 1,159 shares rose. A total of 142 shares were unchanged.

The total turnover on BSE amounted to Rs 4115.23 crore, lower than turnover of Rs 4374.91 crore registered during the previous trading session.

Nifty likely to trade in the range of 9984-10422.

Market Pulse on Wednesday,15 November 2017

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