Equity Market News 13 Oct

Market Snippet:

Benchmark indices consolidated on the first trading session of the week after a long weekend and ahead of coming long trading off of two days on account of Dasherra and Muharram as trading will be halted forfor both of these days. The Nifty ended the session to close at 8708.80 i.e. 11.20 points higher.

Tata Steel, ACC, Asian Paints, Cipla were the top gainers of the day Bharti Airtel, Adani ports, Reliance and NTPC were the top losers of the day.

Global Markets Update:

  • Deutsche Bank shares fell more than 3 percent on Monday after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities.
  • U.S. stock index futures rose on Monday after Democrat Hillary Clinton was widely seen as the winner of the second presidential debate.


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