Key benchmark indices registered modest losses in volatile trade weighed by slide in ICICI Bank, Reliance Industries and HDFC Bank.The Sensex dropped below the psychological 35,000 level in late trade. The Nifty 50 lost 73.30 points and settled the session at 10526.75. Media sector were the major gainers and Metal sector were the major losers of the day. Domestic stock markets will remain closed tomorrow, 23 November 2018 on account of Gurunanak Jayanti. Moreover, US financial markets will be closed on Thursday for the Thanksgiving Day holiday.
Italy’s central bank sounds the alarm that low growth and high public debt present the most risk to Italy’s financial stability. Italy’s 10-year government bond yield recedes 2.7 basis points to 3.415%. Mexico stocks were lower after the close on Friday, as losses in the Telecoms Services, Industrials and Consumer Staples sectors led shares lower. The S&P/BMV IPC fell 0.41% to hit a new 52-week low.
GMR Infra signed a concession agreement for developing a commercial port in Andhra Pradesh.
Deepak Fertilisers & Petrochemicals Corporation rose 9.56% after the company said that the Income tax team has left the company’s offices and normal day-to-day business has resumed fully.
Zydus Cadila has received final approval from the USFDA to market Atorvastatin Calcium Tablets in the strengths of 10 mg, 20 mg, 40 mg, and 80 mg (US RLD – Lipitor).
Pennar Group has bagged orders worth Rs317cr across its business verticals and subsidiary PEBS Pennar.
In a big relief to Vakrangee, the Economic Offences Wing (EOW) issued a clean chit to the company with respect to a price and volume manipulation complaint.
Shares prices of Huhtamaki plunged 5% on receipt of closure directions for its Thane plant from Maharashtra Pollution Control Board (MPCB).
Canada stocks were lower after the close on Friday, as losses in the Energy, Materials and Mining sectors led shares lower. The S&P/TSX Composite fell 0.66%
Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Industrials and Consumption sectors led shares lower. The Bovespa fell 1.43%.
Portugal stocks were lower after the close on Friday, as losses in the Basic Materials, Financials and Industrials sectors led shares lower. The PSI 20 fell 0.38% to hit a new 52-week low.
Denmark stocks were higher after the close on Friday, as gains in the Healthcare, Personal & Household Goods and Consumer Goods sectors led shares higher. The OMX Copenhagen 20 gained 1.97%.
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