Tuesday, 7 November 2017

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


Nifty closed lower by 101 points or 0.97 percent at 10,350. sensex touched a high of 33,865 and a low of 33,341 against the previous close of 33,731. The Sensex plunged 360 points to close at 33,370 due to negative domestic and global cues. Except for IT stocks, which rose over 2%, all other indices ended lower with PSU Bank and Nifty Pharma falling 3.92% and 4.29%, respectively. Energy, consumer durables, and realty indices fell more than 2%.

  •          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 rose 2.4%.
  •          Jet Airways India Ltd fell 4.3%,
  •          SpiceJet Ltd declined 4%,
  •          Infosys Ltd rose 2%,
  •          Wipro Ltd rose 1.1%,
  •          Tech Mahindra Ltd rose 1.3%,
  •          HCL Technologies Ltd rose 2.1%,
  •          Torrent Power Ltd rose 3.5% to Rs281.

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