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Wednesday, November 21, 2018

Nifty breaks 10,600, Sensex falls over 300 pts; IT stocks top losers

Market opens Equity benchmarks have started lower, with the Nifty trading above 10,650-mark. 
Automobile, energy, and pharmaceuticals are the top gainers, while metals have extended their fall from Tuesday. 
In the broader markets, the Nifty Midcap is down one-tenth of a percent. 
The Sensex is down 49.91 points or 0.14% at 35424.60, while the Nifty is higher by 5.70 points or 0.05% at 10661.90. The market breadth is positive as 276 shares advanced, against a decline of 112 shares, while 30 shares were unchanged.
Yes Bank, Asian Paints, Dr Reddy’s and HPCL are the top gainers, while TCS and Infosys have gained the most. 
Crude beneficiaries surge With crude oil prices falling 6 percent, shares of crude beneficiaries such as aviation, paints and tyre companies are trading higher. Take a look at the intraday charts.

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Source:https://www.moneycontrol.com/news/business/markets/stock-share-market-live-updates-bse-nse-nifty-breaks-10600-sensex-falls-over-300-pts-it-stocks-top-losers-3202531.html

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