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Friday, December 14, 2018

Nifty falls after 3-day rally; November WPI eases to 4.64%


Rupee Update: Indian rupee is trading marginally lower at 71.72 per dollar against Thursday's close 71.68 per dollar.

Asian Markets Under Pressure
Asian markets fell, putting the region on course to end a broadly positive week on a sour note, as traders took a step back and their profits off the table.
There was also some unease after the head of the European Central Bank raised concerns about the growth outlook for the eurozone owing to issues within and outside the bloc.
Japan's Nikkei, Hong Kong's Hang Seng and South Korea's Kospi were down over a percent while China's Shanghai Composite slipped half a percent.
Market Update
Benchmark indices continued to consolidate in morning, which was on expected lines said technical analysts.
The 30-share BSE Sensex rose 14.52 points to 35,944.16 and the 50-share NSE Nifty gained 1.50 points at 10,793.
The market breadth was in favour of bulls as about 780 shares advanced against 661 declining shares on the BSE.
Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-nifty-falls-after-3-day-rally-november-wpi-eases-to-4-64-3289111.html

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