OPENING BELL

SENSEX DOWN – 39.72 @ 28042.62,

NIFTY FUTURE DOWN – 62.20 @ 8677.75,

BANK NIFTY FUTURE DOWN – 78.50 @ 19386.00,

USD/INR – 66.83.

The market has opened lower after two days of holiday. The Sensex is down 107.86 points or 0.4 percent at 27974.48, and the Nifty is down 37.85 points or 0.4 percent at 8670.95. Share Market Tips: About 259 shares have advanced, 245 shares declined, and 54 shares are unchanged. Cipla, Asian Paints, Bajaj Auto, ONGC and Dr Reddy’s Labs are top gainers while TCS, Tata Motors, M&M, Bharti and Reliance are losers in the Sensex.

The Indian rupee slipped in the early trade. It has opened lower by 30 paise at 66.83 per dollar versus 66.53 Monday.

Top News:

IndusInd Bank Q2 net up 26% at Rs 704cr, provisions at Rs 214 cr

Mahindra & Mahindra’s Q2 results on November 11, 2016

TCS Q2 net seen down at Rs 6260 cr, dollar revenue may rise 1.8%

Free Nifty Future Tips: Buy, sell or hold: 9 stocks that analysts are bullish on

Tata Motors

Piramal Enterprise

Strides Shasun

IndusInd Bank

Cipla

Jubilant Life

Zee Entertainment

Hathway Cable

Dish TV

Indian ADR News: Indian ADRs ended mostly lower on Wednesday. In the IT space, Infosys gained 1.46 percent at USD 15.93 and Wipro was down 0.10 percent at USD 9.69.

In the banking space, ICICI Bank fell 0.94 percent at USD 7.37 and HDFC Bank was up 0.03 percent at USD 72.

In the other sectors, Tata Motors declined 0.67 percent at USD 41.45 and Dr Reddy’s Laboratories shed 0.13 percent at USD 45.51.

Future Tips: Mahindra and Mahindra | Sterlite Tech | Sunil Hitech Engineers | Hindustan Everest | Cipla | IndusInd Bank | Titan | Sagar Cements | Reliance Industries | Tuticorin Alkali | Grasim | Polyplex Corporration | Amba Enterprises | Aarti Drugs | Balaji Telefilms | Gail and KEC International are stock, which are in news today.

Source: moneycontrol.com