Friday, November 3, 2017

Stock Market Opening Bell & Market Update for 03-11-2017

Market Live: Sensex, Nifty open at record high; Excel Crop, Hathway Cable up 20%

Equity benchmarks opened at fresh record high on last day of the week, backed by banks, metals and telecom stocks.

The 30-share BSE Sensex was up 88.97 points at 33,662.19 and the 50-share NSE Nifty rose 26.20 points to 10,450.

About 915 shares advanced against 290 declining shares on the BSE. Nifty Bank was up 115 points.
Hindalco rallied 2 percent after strong Novelis numbers. Vedanta gained a percent post earnings.
Axis Bank, Yes Bank, SBI, Aurobindo Pharma and Lupin were early gainers.

PNB, Tata Power, PFC and Titan Company were up around a percent ahead of earnings later today.
Glenmark Pharma, Power Grid, Andhra Bank, HCC, Berger Paints, Dalmia Bharat Sugar and Akzo Nobel were under pressure post earnings.

Ujjivan Financial, GE T&D, HEG, KSB Pumps, Deepak Fertilizers and Excel Crop Care rallied 4-20 percent post earnings.

Graphite India was up 5 percent, Hathway Cable surges 20 percent and Lakshmi Vilas Bank was up 5 percent. Torrent Pharma and Unichem Labs were up 1-4 percent.


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