Market update as on 11th November 2016

Sensex:

            Today, the Sensex lost around 698 points to close at 26818.82 down by 2.54%.

Nifty:

          Today, the Nifty also lost around 230 points to close at 8296.30 down by 2.69%.

Reason:

             Both the Sensex and the Nifty were on a downward spiral due to the profit booking that took place.

Rates:

INR / 1 USD : 66.0292

INR / 1 EURO : 73.1155

CRR : 4%

SLR : 20.75%

Stock:

           The TCS shares fell -2.52% .

Change	- 54.30
Day’s gain	-2389
Overall gain	-7,739
Latest value of virtual investment	Rs. 92,451

  

Business News:

                          Air fares are set to rise with the government deciding to levy up to Rs 8500 per flight on major routes to fund the regional air connectivity scheme.