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Business News/ Market / Stock-market-news/  Market Wrap: Sensex, Nifty end marginally lower ahead of F&O expiry, GDP data
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Market Wrap: Sensex, Nifty end marginally lower ahead of F&O expiry, GDP data

BSE Sensex closed lower by 15.83 points at 33,602.76, while the Nifty 50 edged down 8.95 points to close at 10,361.30. Here are the latest updates from the markets

BSE Sensex and NSE Nifty closed lower on Wednesday. Photo: Abhijit Bhatlekar/MintPremium
BSE Sensex and NSE Nifty closed lower on Wednesday. Photo: Abhijit Bhatlekar/Mint

MUMBAI :Mumbai: The BSE Sensex and NSE nifty closed marginally lower on Wednesday ahead of November future and options expiry and September-quarter gross domestic product (GDP) data. Both the benchmark indices opened higher. Realty, consumer durables, telecom and capital goods sectors posted gains, whereas metal, basic materials, finance, banking and power sectors suffered losses. Wipro, Adani Ports, Sun Pharma and Hindustan Unilever were the top gainers, while shares of Axis Bank, HDFC, Asian Paints and SBI fell.Traders are cautious ahead of GDP data due to be released on Thursday. A Reuters poll of 52 economists over the past week shows GDP growth likely rose to 6.4% from a year ago in the July-September quarter, from 5.7% in the previous period. Gross value-added growth estimate likely accelerated to 6.2%, from 5.6%. Here are the latest updates from the markets:

29 Nov 2017, 03:34:00 PM IST

Closing bell

BSE Sensex closed lower by 15.83 points, or 0.05%, to 33,602.76, while the Nifty 50 edged down 8.95 points, or 0.09%, to close at 10,361.30.

29 Nov 2017, 03:06:00 PM IST

Market update

BSE Sensex traded higher by 15.95 points, or 0.05%, at 33,634.54, while the Nifty 50 edged down 7.65 points, or 0.07%, to 10,362.60.

29 Nov 2017, 03:03:00 PM IST

Sectoral indices

Among the sectoral indices, realty, telecom, consumer durables and capital goods traded higher, while metal, utilities, finance and power suffered losses. The Midcap was down 0.07%, while the smallcap rose 0.05%.

29 Nov 2017, 03:00:00 PM IST

Rupee trades higher against US dollar

The rupee was trading at 64.33 a dollar, up 0.13% from its Tuesday’s close of 64.41. The rupee opened at 64.46 a dollar, and touched a high and a low of 64.28 and 64.51, respectively. The 10-year bond yield was at 7.039%, compared to its previous close of 7.030%.

29 Nov 2017, 02:06:00 PM IST

Market update

BSE Sensex traded higher by 17.56 points, or 0.05%, at 33,636.15, while the Nifty 50 edged down 2.30 points, or 0.02%, to 10,367.95

29 Nov 2017, 02:03:00 PM IST

Capital First approves Rs200 crore debt issue

Capital First Ltd approved issuance of Rs200 crore of secured redeemable nonconvertible bonds. Shares traded 0.16% higher to Rs699.50.

29 Nov 2017, 02:00:00 PM IST

Power Mech Projects shares surge 10% on receipt of orders worth Rs357 crore

Power Mech Projects Ltd shares surged 9.83% to Rs797 after the company said it received orders worth Rs357 crore for Infrastructure development work at Andhra Pradesh Medtech Zone Ltd.

29 Nov 2017, 01:57:00 PM IST

BHEL commissions 2nd unit at Mizoram project

Bharat Heavy Electricals Ltd said it has commissioned a second unit of the 30MW Tuirial hydro electric project in Mizoram. Shares traded 0.53% lower at Rs93.65.

29 Nov 2017, 12:40:00 PM IST

Dr. Reddy’s Labs served securities class action suit in US

Dr. Reddy’s Laboratories Ltd said the company has been served a US securities class action lawsuit in the US. The drug maker maintained that the claims were “without merit and intends to vigorously defend itself against the allegations”. Shares declined 0.32% to Rs2,281.

29 Nov 2017, 12:33:00 PM IST

Market update

BSE Sensex traded higher by 31.98 points, or 0.10%, at 33,650.57, while the Nifty 50 gained 3.55 points, or 0.03%, to 10,373.80.

29 Nov 2017, 09:29:00 AM IST

Zydus Cadila receives USFDA approval

Cadila Healthcare Ltd said Zydus Cadila has received the final approval from the USFDA to market Candesartan Cilexetil and Hydrochlorothiaizde tablets. Cadila Healthcare shares were trading little changed at Rs441.30, down 0.01%.

29 Nov 2017, 12:25:00 PM IST

Loyal Equipments shares rise on receipt of award

Loyal Equipments Ltd said it has received a purchase order from Linde Engineering India Pvt. Ltd of worth Rs270 lakhs for supply of complete skid package. Shares jump 4.69% to Rs42.40.

29 Nov 2017, 11:38:00 AM IST

Jet Airways signs agreement with Air France-KLM

Jet Airways India Ltd rose 1.4% to Rs665.65 after the company said it and Air France KLM to enhance coopration pact.

29 Nov 2017, 11:35:00 AM IST

Alkem Laboratories receives US FDA nod for new drug

Alkem Laboratories Ltd rose 3.5% to Rs 2037.35 after the company said US FDA approved its abbreviated new drug application for cancer drug capecitabine.

29 Nov 2017, 10:30:00 AM IST

Market update

BSE Sensex traded higher by 34.30 points, or 0.10%, at 33,652.89, while the Nifty 50 gained 8.25 points, or 0.08%, to 10,378.50.

29 Nov 2017, 10:27:00 AM IST

RCom shares rise on proposed DTH biz sale

Reliance Communications Ltd rose 2.3% to Rs13.20 after the company said it entered into a binding share purchase agreement with Pantel Technologies to sell 100% of its DTH business.

29 Nov 2017, 10:25:00 AM IST

Nestle India shares decline after Maggi fails lab test

Nestle India Ltd fell 0.8% to Rs7,439.95 after the district administration of Shahjahanpur, Uttar Pradesh, has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test, even as the FMCG major maintained that “it’s a case of application of incorrect standards.”

29 Nov 2017, 10:23:00 AM IST

ADF Foods shares rise on Q2 result

ADF Foods Ltd rose 2.6% to Rs297.40 after the company said it posted 90% jump in profit for September quarter to Rs5.90 crore from a year ago.

29 Nov 2017, 10:20:00 AM IST

IL&FS shares gain on quarterly profit

IL&FS Engineering and Constriction Co. Ltd rose 5% to Rs46.55 after the company posted a profit of Rs40 crore against a loss of Rs 82 crore a year ago.

29 Nov 2017, 09:40:00 AM IST

Cola India shares rise over 1%

Coal India Ltd rose 1.2% to Rs277.85. According to a PTI report, the company is considering hiking salary of its executives, which may cost the company about Rs800 crore.

29 Nov 2017, 09:33:00 AM IST

Walchandnagar Industries shares down on quarterly loss

Walchandnagar Industries Ltd fell 2.5% to Rs246.50 after the company posted a loss of Rs13 crore in the September quarter.

29 Nov 2017, 09:30:00 AM IST

SREI Infrastructure shares gain 2.5%

SREI Infrastructure Finanace Ltd rose 2.5% to Rs111.65 after its arm SREI Equipment Finances files DRHP with Sebi. Offer consists fresh issue of shares worth Rs1,100 crore and OFS of up to 43.86 lakh shares by SREI Infra.

29 Nov 2017, 09:28:00 AM IST

Rupee opens lower against US dollar

The rupee opened at 64.46 a dollar. At 9.15am, the home currency was trading at 64.50 a dollar, down 0.13% from its Tuesday’s close of 64.41. The 10-year bond yield was at 7.031%, compared to its previous close of 7.030%. Bond yields and prices move in opposite directions.

29 Nov 2017, 09:25:00 AM IST

Markets open higher

BSE Sensex traded higher by 41.01 points, or 0.12%, at 33,659.60, while the Nifty 50 rose 17.45 points, or 0.17%, to 10,387.70.

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