Equity Market Update : 13.11.2018

Equity Market Update : 13.11.2018



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Sensex, Nifty open lower on weak Asian cues; bankex, CDS stocks weigh
13/11/2018 09:41
Indian equities opened lower on Tuesday, led by selling across bankex and consumer durables stocks, tracking weak cues from Asian peers. Traders also reacted to robust macro data as India’s factory output grew 4.5 per cent in September and Retail inflation cooled to 3.31 per cent in October, limiting chances of rate hike by the Reserve Bank of India. Overseas, the Asian stocks were trading lower, following a weak US session onernight, led by decline in technology and energy stocks. 

At 9:28 hours, the 30-share benchmark index was trading at 34750.26, down by 62.73 points


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