Equity Market Update : 05.12.2018
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This Week - Weekly Sector Report
Sensex, Nifty open lower; Tata Motors fall 2%
05/12/2018 10:18
Indian equities opened in negative terrain on Wednesday, tracking bearish trends across global markets, following Wall Street’s tumble as sharp declines in long-term US Treasury yields and resurgent trade concerns stoked investor worries about global economic growth. Overseas, the Asian stocks were lower amid US and China trade truce. The rupee on Wednesday opened 15 paise lower at 70.64 against the US dollar. The domestic unit on Tuesday slipped further by 3 paise to close at 70.49 due to increased demand for the American currency from importers and firming global crude oil prices. Among individual stocks, Shares of Tata Motors fell by around 3 percent in early trade after S&P Global Ratings downgraded the company's credit rating. Indiabulls Housing, Tata Motors DVR, Adani Power, Zee, Bharat Forge, Kesoram Industries and DHFL are trading lower, while Jet Airways, ONGC, Adani Ports are trading higher. At 10:06 hours, the 30-share benchmark index was trading at 35913.21, down by 221.1points
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Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
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This Week - Weekly Sector Report
Sensex, Nifty open lower; Tata Motors fall 2%
05/12/2018 10:18
Indian equities opened in negative terrain on Wednesday, tracking bearish trends across global markets, following Wall Street’s tumble as sharp declines in long-term US Treasury yields and resurgent trade concerns stoked investor worries about global economic growth. Overseas, the Asian stocks were lower amid US and China trade truce. The rupee on Wednesday opened 15 paise lower at 70.64 against the US dollar. The domestic unit on Tuesday slipped further by 3 paise to close at 70.49 due to increased demand for the American currency from importers and firming global crude oil prices. Among individual stocks, Shares of Tata Motors fell by around 3 percent in early trade after S&P Global Ratings downgraded the company's credit rating. Indiabulls Housing, Tata Motors DVR, Adani Power, Zee, Bharat Forge, Kesoram Industries and DHFL are trading lower, while Jet Airways, ONGC, Adani Ports are trading higher. At 10:06 hours, the 30-share benchmark index was trading at 35913.21, down by 221.1points
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