Monday, November 07, 2016 | Category : Stock market | 0 Comments
Buoyed by firm global cues, Indian equity benchmarks made a gap-up opening after the FBI stood by its Jul conclusion that U.S. Democratic contender Hillary Clintons handling of her e-mails as secretary of state wasnt a crime. The Indian market carried on with its northward journey in the last hour of their trade hovering near the highest point of the day but gave up some gains later closing at lowest point of the day. Some support also came with the report that National Council of Applied Economic Research (NCAER) has pegged India’s Gross Domestic Product (GDP) growth at 7.6% for the fiscal year 2016-17, backed by pick-up in rural demand and positive signals’ on the manufacturing front. Strong opening in European markets too supported the sentiments. European shares were trading firm as investors reacted to news that US law enforcement officials will not pursue charges against Democratic Presidential candidate Hillary Clinton over her use of a private email server, while Secretary of State.
- BSE Sector: Gainers: Metal, Healthcare, Bankex, Realty, Power, FMCG, Finance, Basic Materials, Oil&Gas Losers: Telecom, Cap Goods