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Stock Market News - Yes, Bank declines 4%, Bajaj Auto Sales Fall

NEWS ALERT | Jet fuel price cut by Rs 2,237 (3.4%) to Rs 62,672/kL in Delhi: CNBC TV18

NEWS ALERT | Zee Ent suspect Oppenheimer bought shares for a large media co: sources to CNBC TV18
-- Ask lenders to put shares in an Escrow account

NEWS ALERT | Japan September unemployment rate at 2.4% Vs market expectations of 2.2%: Reuters

NEWS ALERT | Sun Pharma gets US FDA nod for Sumatriptan Succinate: CNBC TV18
-- Drug used to relieve headache, pain & other migraine symptoms

NEWS ALERT | China October Manufacturing PMI at 51.7: Reuters
-- Caixin IHS Markit October Manufacturing PMI at 51.7 Vs 51.4 MoM.

-- October PMI matches previous high of February 2017

-- China’s factory activity unexpectedly expanded at the fastest pace in well over two years since February 2017

Laurus Labs Jumps The Most In Nearly 33 Months After Q2 Results Announcement Shares of Laurus Labs rose as much as 13.3 percent, the most since February 2017, to Rs 418.80, the highest in over a year after the company announced its September quarter results.

Escorts Gains After October Sales Rise 2% Shares of Escorts rose as much as 2.9 percent to Rs 678.50 after the company sold 13,353 tractors last month, an increase of 1.6 percent from the year-ago period, according to its exchange filing.

Bajaj Auto Sales Fall 9% In October; Shares Swing Shares of Bajaj Auto fluctuated between gains and losses to trade little changed at Rs 3,272 after the company announced its October sales data. The company's total sales fell 9 percent year-on-year to 4,63,208 vehicles last month, according to its stock exchange filing.


TOP GAINERS & LOSERS  - 

Zee Entertainment, Bharti Infratel, ITC, ICICI Bank, Tech Mahindra, HDFC, Britannia, Hero MotoCorp are among major gainers on the Indices, while losers are Yes Bank, ONGC, BPCL, Bajaj Auto and RIL. Among sectors, buying seen in the pharma, IT and FMCG stocks, while infra, auto, energy, and metal are trading under pressure.

Rupee opens lower at 70.98 per dollar: The Indian rupee opened lower at 70.98 per dollar on Friday versus Thursday's close 70.92. On October 31, the rupee erased its initial gains to end marginally lower at 70.92 against the US dollar due to dollar buying by importers and banks.

Yes, Bank declines 4% ahead of Q2 nos: Shares of private lender Yes Bank declined 4.6 percent in the early trade on November 1 after foreign broking house Morgan Stanley kept an underweight rating on the stock with a target of Rs 55 per share.


Sensex | Market News | Top Gainers | Yes Bank | Rupee | Gold

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