Thursday 17 November 2016

Sensex, Nifty continue to struggle; FMCG cracks, pharma gains

Epic Update NTPC
Epic Update NTPC

The market continues downtrend with Sensex up 10.10 points at 26237.0. The Nifty is up 5.10 points at 8085.05. 
About 1067 shares have advanced, 1088 shares declined, and 98 shares are unchanged.

NTPC, Sun Pharma, ONGC, Bharti Airtel and M&M are top gainers while GAIL, HUL, Tata Motors, ITC and TCS are losers in the Sensex.

Emerging markets are yet to digest Donald Trump’s victory and strengthening of US dollar on the back of an uptick in US bond yields pose as a major headwind for them, says Jonathan Schiessl of Ashburton Investments.
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