Monday, October 8, 2018

Stock Market Opening Bell & Market Update for 08-10-2018


Sensex, Nifty begin week on a negative note; metal stocks trade weak

Market opens It’s a negative start for equity benchmarks on Monday, with the Sensex falling over 100 points. The Nifty is down around 40 points and is trading below 10,300-mark. 

The Bank Nifty is down around quarter of a percent, while FMCG, metals and pharmaceutical sectors are trading lower. Midcaps, too, are in the red; the Nifty Midcap is down around 0.50 percent. 

The Sensex is down 104 points or 0.3% at 34272.9, while the Nifty is lower 39.5 points or 0.3% at 10277. The market breadth is narrow as 283 shares advanced, against a decline of 296 shares, while 2,691 shares are unchanged.

The rupee has opened at 73.96 per US dollar against its previous close of 73.77 per US dollar.

Stocks in the News: Yes Bank, NBCC, HFCL, Avenue Supermarts, Texmaco Rail, Sobha, Gravita


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