sectors


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		The benchmark indices extended gains to settle higher on Thursday thanks to a rally in index heavyweights Infosys, State Bank of India, Reliance Industries, and TCS.</div>
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		Oil refiners gained as lower crude oil prices cut input costs. The Nifty energy index gained nearly 2% with Reliance Industries rising 2% and Indian Oil Corp and ONGC advancing 1% each.</div>
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		Oil markets were weighed down by rising US crude production and inventories, but prices were prevented from falling by expectations that OPEC will extend an ongoing production cut during a meeting at the end of this month.</div>
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		Overseas, European markets were trading higher as investors monitored earnings and key data releases. Asian markets also shrugged off Wall Street losses after a lackluster start to the day, while the dollar edged up as investors priced in more US rate hikes after upbeat economic data.</div>
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Sensex rallies 346 points, Nifty ends above 10,200; Infosys, SBI, RIL gain

Business Standard

Sensex rallies 346 points, Nifty ends above 10,200; Infosys, SBI, RIL gain | News on Markets - Business Standard

<strong>Markets at open&nbsp;</strong><br />
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At 9:18 am, the S&amp;P BSE Sensex was trading at 32,895, up 135 points, while the broader Nifty50 was ruling at 10,160, up 42 points.&nbsp;

<strong>Stocks in news&nbsp;</strong><br />
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Reliance Communications, Cadila Healthcare, PVR, Rural Electrification Corp, Dixon, Tata Motors, Vedanta and more&nbsp;

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	<strong>Nifty outlook by Prabhudas Lilladher</strong></div>
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	Nifty has been correcting since seven days after making a high of 10,490 to now a low of 10,094. At this juncture, we may see some bounce coming in. However, the near term resistance would be at around 10,250-10,260 levels. The support for the day is seen at 10,060 while resistance is seen at 10,160.</div>

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	<strong>Technical calls&nbsp;</strong></div>
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	BUY KOTAK BANK &nbsp; &nbsp;</div>
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	CMP: Rs 1011.50 &nbsp; &nbsp; &nbsp;</div>
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	TARGET: Rs 1090 &nbsp;&nbsp;</div>
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	STOP LOSS: Rs 970</div>
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	<a href="http://www.business-standard.com/article/markets/nifty-outlook-and-top-trading-calls-for-today-s-trade-prabhudas-lilladher-117111600217_1.html"><strong>CLICK HERE FOR&nbsp;MORE</strong></a></div>

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	<strong>Today&#39;s picks</strong></div>
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	Devangshu Datta on Nifty, Bank Nifty, Hindalco, Bajaj Finance, Asian Paints<br />
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	<a href="http://www.business-standard.com/article/markets/today-s-picks-november-16-2017-117111501700_1.html"><strong>CLICK HERE FOR DETAILS&nbsp;</strong></a></div>

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	<strong>Asian markets cautious</strong></div>
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	Asian shares got off to a cautious start on Thursday after Wall Street stumbled despite upbeat US economic news and the Treasury yield curve hit its flattest in a decade as investors priced in more US rate hikes.</div>
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	Concerns over the prospects for a massive US tax cut also showed no sign of abating as two Republican lawmakers on Wednesday criticised the Senate&rsquo;s latest proposal.</div>
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	MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan inched up 0.1% in early trade, while Australian stocks were a fraction weaker.</div>
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	Japan&#39;s Nikkei dithered either side of flat, while EMini futures for the S&amp;P 500 ESc1 eased 0.03%.</div>

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	<strong>Wall Street on Wednesday</strong></div>
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	US stocks fell on Wednesday as energy sector shares dropped for a fourth straight session, tracking crude oil prices, while tech, the best performing sector this year, weighed the most on the S&amp;P 500.</div>
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	The Dow Jones Industrial Average fell 136.4 points, or 0.58 percent, to 23,273.07, the S&amp;P 500 lost 14.17 points, or 0.55 percent, to 2,564.7 and the Nasdaq Composite dropped 31.66 points, or 0.47 percent, to 6,706.21. <a href="http://www.business-standard.com/article/markets/us-stocks-decline-for-a-second-straight-day-oil-falls-117111600131_1.html"><strong>READ MORE</strong></a></div>

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	<strong>Singapore Nifty</strong></div>
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	At 8:45 am, SGX Nifty was trading at 10,165, up 19 points or 0.19%.</div>

Good Morning!<br />
<br />
Welcome to Business Standard&#39;s market liveblog.&nbsp;

Sensex rallies 346 points, Nifty ends above 10,200; Infosys, SBI, RIL gain

All that happened in today's trade