Thursday 29 November 2018

Stock News for 29th November 2018

Sensex and Nifty extended their gains during the mid-afternoon trade session, led by positive global cues, a strong rupee and healthy buying in blue-chip stocks Yes bank shares recovered nearly 12% from its day's low Domestic stock market opened on a strong note on Thursday tracking positive global cues. The BSE Sensex opened over 250 points higher, while the NSE Nifty opened above the 10,800-level. The rupee continued to appreciate in the early morning trade deals on Thursday and gained past the 70/$ mark for the first time.


 

Reliance Industries Ltd gained over 2% to a high of Rs 1,176.8 today. Notably, this is the highest level since October 17. Shares of Yes Bank Ltd plunged to their lowest in more than two years on Thursday after credit rating agencies ICRA and CARE Ratings downgraded ratings on the lender’s debt instruments. Jet Airways shares jumped nearly 3% to a high of Rs 317.90 per share on the BSE today after the airline clarified that reports of Naresh Goyal’s exit and the increase in share price of the company were speculative in nature.

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