Stock Market News,Opening Bell & Rupee Update for 10-Apr-2019

Nifty opens below 11,650, Sensex falls; Hindalco slips 2%

Market Opens: It is a weak start for the benchmark indices on Wednesday with Nifty slipped below 11,650 level.

 The Sensex is down 60.01 points at 38879.21, while Nifty is down 19.10 points at 11,652.90. About 314 shares have advanced, 431 shares declined, and 38 shares are unchanged. 

Wipro, Yes Bank, Cipla, Infosys, ONGC, RIL, HCL Tech, HUL, Tech Mahindra, Bajaj Finance are among major gainers on the indices, while losers include HDFC, HDFC Bank, Hindalco, Hero Motocorp, Grasim, UltraTech Cement and Gail.

On the sectoral front, auto, infra, metal, pharma and infra are under pressure, while IT space is trading higher.

Asia trading weak: Asian shares stepped back from eight-month highs on Wednesday as the IMF lowered its global growth outlook and as tensions over tariffs between the United States and Europe escalated.

Rupee Opens: The Indian rupee opened flat at 69.28 per dollar on Wednesday versus previous close 69.29.

Stocks in the News: SBI, Lakshmi Vilas Bank, Praj Ind, Avenue Supermarts, Info Edge

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