Monday, September 16, 2019

ABR Venture-Indian Stock Market News & Updates for 16-Sep-2019


Nifty around 11K, Sensex falls 170 pts; OMCs under pressure after Saudi drone attack



Market Opens: It is weak start for the market on Monday with Nifty around 11,000 level.

The Sensex is down 176.72 points at 37,208.27, while Nifty is down 60.90 points at 11,015. About 332 shares have advanced, 502 shares declined, and 63 shares are unchanged. 

BPCL, IOC, HPCL, Asian Paints, Yes Bank, RIL, UPL, Tata Motors, L&T, M&M, SBI, Equitas Holdings are among major losers on the indices, while gainers are Indiabulls Housing, HUDCO, BEL, ONGC and GAIL.

Among sectors, except FMCG and IT other indices are trading in the red. Midcap and smallcap also trading lower.

Rupee Opens: The Indian rupee slipped in the early trade on Monday. It has opened lower by 70 paise at 71.62 per dollar versus Friday's close 70.92.

Stocks in the news: Bharat Electronics, Monsanto, Bayer Crop, Andhra Bank, Prabhat Dairy, Canara Bank


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