Epic Research

Wednesday, November 8, 2017

Sensex falls over 100 pts, Nifty tests 10,300; Metals lose shine

Precious And Base Metals Outlook For The Week
Benchmark indices extended losses amid volatility in afternoon, with the Sensex falling 151.41 points to 33,219.35.
The 50-share NSE Nifty shed 53.10 points to 10,297.10, dragged by Reliance Industries (down 2.4 percent), Tata Motors (down 4 percent), Vedanta (4 percent), ICICI Bank (1.81 percent), HDFC (0.96 percent) and Bharti Airtel (4.14 percent).
About 1,610 shares declined against 970 advancing shares on the BSE.
Prices of copper and nickel declined by up to Rs 5 per kg at the non-ferrous metal market today on easing demand from consuming industries.


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