Tuesday, 5 December 2017

SENSEX EXTENDS LOSSES AT OPEN,NIFTY BELOW 10,100 | TODAY STOCK MARKET OUTLOOK 06 DEC 2017.

STOCK MARKET NEWS

Equity benchmarks extended losses in opening on Wednesday, with the Nifty falling below 10,100 level, dragged by banking and financials as investors maintained cautious stance ahead of RBI policy decision.

The 30-share BSE Sensex was down 77.36 points at 32,725.08 and the 50-share NSE Nifty fell 31.90 points to 10,086.40.

About 692 shares declined against 451 advancing shares on the BSE.

Eicher Motors, Hindalco Industries, Bajaj Finance, Yes Bank, Indiabulls Housing, HDFC Bank, ICICI Bank, HUL, PNB, Bank of Baroda and Coal India were early losers while Infosys, Tech Mahindra, Cipla, IndusInd Bank and Dr Reddy's Labs were gainers.

Nifty Midcap was down 0.4 percent.

Dish TV, Hathway Cable and Voltas were down 1-4 percent. Balkrishna Industries, Shree Renuka, Balrampur Chini, Bajaj Hindusthan, Madras Fertilizers, RCF, Mangalore Chemicals, Prism Cement and JK Cement gained 1-6 percent.

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