Monday, November 12, 2018

MARKET SUMMERY 12- NOV-18


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The benchmark indices settled around 1 per cent lower on Monday tracking weakness in the Asian markets and rise in global oil prices. The S&P BSE Sensex ended at 34,813, down 346 points (-0.98 per cent), while the broader Nifty50 index settled at 10,482, down 103 points(-0.97 per cent).Among the sectoral indices, the Nifty PSU Bank index fell 2.1 per cent weighed by Oriental Bank of Commerce. The Nifty Auto index, too, declined 2.4 per cent led by fall in Tata Motors and Hero MotoCorp. However, the Nifty IT index rose 0.7 per cent led by a rise in the share prices of Tech Mahindra and Infosys.Titan Company is ended 6 per cent higher at Rs 899 on the BSE after the company reported an 8.34 per cent rise in consolidated net profit at Rs 301.11 crore for the quarter ended September 30, 2018, dragged by provisions made for its corporate deposits in the IL&FS group. Total income during the quarter under review stood at Rs 4,595.13 crore verus Rs 3,603.01 crore in the corresponding period last fiscal.


TOP GAINERS:  TITAN, TATA STEEL, HCLTEH
MAJORLOOSERS:  LOC, HEROMOTOCO,HINDALCO


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