Thursday, November 15, 2018

Sensex, Nifty open marginally higher; Yes Bank slips 5%; Jet Airways shares soar

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Sensex and Nifty — the benchmark equity indices of the domestic stock market — opened on a flat-to-positive note on Thursday. Yes Bank shares slipped over 5% in opening trade, while Jet Airways shares soared over 5%.
Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal, said a Reuters report. Today, Yes Bank, Vodafone India, Grasim, Coffee Day, PC Jeweller, Thermax and Raymond are among top stocks to track.
Vodafone Idea shares tank 8%
Telecom operator Vodafone Idea's shares tanked nearly 8% in early morning trade on Thursday after the joint entity in its maiden earnings announcement reported a consolidated loss of Rs 4,973 crore for the September quarter. The company also announced a fund infusion of Rs 25,000 crore to help it take on cut-throat competition. Vodafone Idea's shares plunged 7.85% to a low of Rs 38.15 per share on the NSE.

Source- FInancial Express

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