INSUBCONTINENT EXCLUSIVE:
LIVE market updates: Losses in IT stocks offset gains in banking, metal and auto sharesDomestic stock markets gave up early gains amid a
selloff in information technology stocks, ahead of the release of official inflation data
The S-P BSE Sensex index first climbed as much as 160.01 points to touch 38,287.09, and then declined 220.96 points from that level to hit
38,066.13 on the downside in morning deals
The broader NSE Nifty benchmark moved in a range of 61.95 points between 11,352.00 and 11,290.05 at the strongest and weakest levels of the
Losses in information technology stocks offset gains in banking, metal and auto shares
The NSE's India Vix index - which gauges the market's expectation of volatility in the near term - rose as much as 4.80 per cent.Shares
in other Asian markets pushed higher amid optimism about the US-China trade talks
MSCI's broadest index of Asia Pacific shares outside Japan was last seen up 1.20 per cent
Last Friday, Wall Street clocked sharp gains with the Dow Jones Industrial Average ending 1.47 per cent higher and the S-P 500 gaining 1.09
per cent.IRCTC Makes Bumper Market DebutShares of Indian Railway Catering and Tourism Corporation (IRCTC) made a bumper stock market debut
IRCTC shares opened for trading at Rs 644 on the BSE, marking a gain of 116.48 per cent over their issue price of Rs 320
(Read more on IRCTC shares here)Infosys Shares Fall Over 4% After Q2 EarningsShares in Infosys, the country's second largest IT company,
stock markets gave up early gains as a selloff in information technology shares deepened
The Nifty moved in a range of 61.95 points, declining to as low as 11,290.05 after hitting 11,352.00 at the strongest level in morning
deals.Sensex Rises Over 100 Points, Nifty Firm Above 11,300At 9:19 am, the S-P BSE Sensex index traded 142.80 points - or 0.37 per cent -
Top percentage gainers on the 50-scrip index at the time were Tata Motors, Vedanta, IndusInd Bank, Sun Pharma and SBI, trading between 1.32
Higher, Nifty Starts Day At 11,336The S-P BSE Sensex index opened 81.16 points - or 0.21 per cent - higher at 38,208.24
The broader NSE Nifty benchmark started the session at 11,335.90, up 30.85 points - or 0.27 per cent - from its previous close.Last Friday,
the S-P BSE Sensex index had risen 246.68 points - or 0.65 per cent - to end at 38,127.08 and the broader NSE Nifty benchmark settled at
Avenue Supermarts shares will be in focus today, after the company reported a 47.54 per cent increase in its net profit to Rs
5,990.78 crore in July-September, as against Rs
have signed a multi?year agreement with Invacare Corporation to provide IT?as?a?service solutions to the US-based company, which
accelerate Invacare's business transformation by modernizing systems, taking responsibility for the provision of service desk,
At 9:03 am, the Sensex was up 15.17 points - or 0.04 per cent - at 38,142.25 while the broader NSE Nifty benchmark was up 69.55 points - or
0.62 per cent - at 11,374.60.Official Inflation Data Due TodayThe government will release data on wholesale inflation (Wholesale Price
Index) around noon and retail inflation (Consumer Price Index) at 5:30 pm today
The Reserve Bank of India (RBI) tracks consumer inflation primarily for formulating its monetary policy.The central bank has reduced the
repo rate by 135 basis points - or 1.35 percentage point - so far this year.HUL To Report Earnings Today; Wipro, Reliance Industries Results
This WeekFast-moving consumer goods major Hindustan Unilever will report its quarterly earnings on Monday
Thursday, Tata Consultancy Services (TCS) reported a net profit of Rs 8,042 crore for the July-September period, missing analysts'
services exporter reported its earnings for the second quarter of the current financial year
Last Friday after market hours, Infosys reported a net profit of Rs 4,037 crore for the quarter ended September 30, matching analysts'
estimates, and raised the low end of its revenue forecast for the year.Asian Shares Gain On US-China Trade OptimismAsian shares pushed
higher amid optimism about the US-China trade talks
MSCI's broadest index of Asia Pacific shares outside Japan was last seen up 1.20 per cent
Last Friday, Wall Street clocked sharp gains with the Dow Jones Industrial Average ending 1.47 per cent higher and the S-P 500 gaining 1.09
per cent.On Friday, US President Donald Trump announced a partial trade deal with China that could be signed within weeks
The deal covers agricultural purchases, currency and some aspects of intellectual property protections, and it averted a tariff hike
scheduled for next week, though there was no mention of tariffs set to rise in December.SGX Nifty Futures Indicate Lower Opening For
Domestic MarketsDomestic share markets are likely to open lower today as indicated by the Singapore Exchange (SGX) Nifty futures
At 8:30 am, the SGX Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty index in India - traded 5.50 points - or
0.05 per cent - lower at 11,303.50.
