Indian Markets Close in Red – December 6, 2018

Indian stock market closes in red!!!

Here is how some of the indices closed at end of the day.

  • Nifty closes down by 181.75 points(1.69%) at 10,601.15
  • Bank Nifty closes down by 321.30 points(1.21%) at 26,198.30
  • Sensex closes at 35,312.13 down by 572.28 points(1.59%)

Top Gainers in Nifty

Symbol % Change
SUNPHARMA
JSWSTEEL
GAIL
POWERGRID
1.11
0.54
0.19
0.03

Top Losers in Nifty

Symbol % Change
IBULHSGFIN
MARUTI
BAJAJFINSV
TECHM
TATAMOTORS
-5.97
-4.67
-4.43
-4.38
-3.96

Headlines

– Fears over possible crude oil production cut by OPEC group. Brent slipped to $60.86/barrel

– Rupee weakens – stands at 70.88rRs/USD

– Asian stock markets in negative

– Sonata Software acquires Australian firm Scalable Data Systems

– HDFC ERGO ties up with Federal Bank to distribute insurance products

– Interse transfer of shares amongst promoter group, from Mr. Krishna Ram Bhupal to Mrs. Shalini Bhupal