Equity Market Update : 12.11.2018

Equity Market Update : 12.11.2018



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Mid-Session: Sensex, Nifty in red; Realty, auto stocks weigh
12/11/2018 12:30
Indian benchmarks were trading in red amid weakness in the Asian markets and a weak rupee. The rupee is trading on a weak note on Monday having slipped to 72.97 against the US dollar, down from its previous close of 72.49 against the greenback. Among key results, Coal India, Britannia, Jet Airways, Aurobindo Pharma, Eicher Motors and Shree Cement are likely to announce their September quarter results later in the day. 

On the macro front, retail inflation (CPI) for October, India's industrial production (IIP) data for September, as well as manufacturing output data for September will be released later today. WPI data for October will be declared on November 14. Apart from this, India- imports, exports and trade balance data is likely to be released on November 15. 

At 12:25 hours, the 30-share benchmark index was trading at 35103.59 down by 54.96 points


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