Equity Market Update : 16.11.2018

Equity Market Update : 16.11.2018 



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Sensex, Nifty open higher on firm global cues; pharma and auto stocks support
16/11/2018 09:40
Indian equities opened higher on Friday, led by buying across pharma and auto stocks, tracking firm cues from Asian peers. Overseas, the Asian stocks were trading higher, tracking a strong US session overnight, amid rising optimism that the US and China could avoid further escalations in a trade war. Shares of oil&gas stocks were down over 1 per cent after media report suggested that government is planning to offload stake in state-run oil marketing companies to meet disinvestment target. 
At 9:28 hours, the 30-share benchmark index was trading at 35383.78, up by 123.24 points


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