Wednesday, 13 December 2017

Sensex Erases Opening Gains, Nifty Around 10,200 After Fed Rate Hike | Today Stock Market News Outlook 14 DEC 2017.

STOCK MARKET NEWS


Equity benchmarks rebounded with mild gains in opening on Thursday after Federal Reserve expectedly hiked interest rate by 25 bps. Investors remained cautious ahead of exit polls after the second phase of Gujarat elections today.


The 30-share BSE Sensex was up 46.73 points at 33,099.77 and the 50-share NSE Nifty rose 18 points to 10,211.

Vedanta, ONGC, GAIL, HPCL, Tech Mahindra, Dr Reddy's Labs, Aurobindo Pharma, Infosys, Hero MotoCorp and Ambuja Cements were early gainers while TCS, IndusInd Bank and Maruti Suzuki were losers.

The Nifty Midcap index was up 0.5 percent as about five shares advanced for every share falling on the NSE.

.
Oberoi Realty, S Chand, Prataap Snacks and Prabhat Dairy rallied 2-6 percent.

No comments:

Post a Comment