#BQSpotted @shraddha_babla puts the spotlight on Shree Rama Newsprint, which is locked in 20% upper circuit.
— BloombergQuint (@BloombergQuint) December 8, 2016
Read| https://t.co/aBOgrMEkoF pic.twitter.com/iily4kqHBi
Mark Mobius thinks the dollar may be going down.
— BloombergQuint (@BloombergQuint) December 8, 2016
Read| https://t.co/Bf4Gt7FYLL pic.twitter.com/uFNqv5M2Iy
Domestic passenger vehicle sales rose 1.82 percent to 2,40,979 units in November, from 2,36,664 in the same month last year.
Domestic car sales ticked up to 1,73,606 units as against 1,73,111 in November last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Motorcycle sales last month declined 10.21 per cent to 7,78,178 units, from 8,66,696 a year earlier. Total two-wheeler sales in November fell 5.85 per cent to 12,43,251 units compared with 13,20,552 units in the year-ago month.
Sales of commercial vehicles were down 11.58 per cent at 45,773 units in November, SIAM said. Vehicle sales across categories registered a decline of 5.48 per cent at 15,63,665 units, from 16,54,407 in November 2015, it added.
#BQSpotted HMT is rising on volumes that are nearly 5 times the 20-day average. By @OnlyNickey
— BloombergQuint (@BloombergQuint) December 8, 2016
Read| https://t.co/aBOgrMEkoF pic.twitter.com/hvm1wWGeCE
Forex dealers said weakness in the dollar against other currencies overseas supported the rupee. A higher opening in the domestic equity market gave the uptrend some momentum, they added.
Yesterday, the domestic unit gained 27 paise to end at over three-week high of 67.63 even as the Reserve Bank unexpectedly left policy rates unchanged.
Movers & Shakers: Divi’s Laboratories, Jet Airways, Crompton Greaves And More
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Trump-inspired rally for pharma stocks comes to an abrupt halt, reports @JaredSHopkins
— BloombergQuint (@BloombergQuint) December 8, 2016
Read| https://t.co/zbaRLfmkAV pic.twitter.com/wOKIWFjJVv
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