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Indian Stock Market News November 16, 2018

Macroeconomic Cues Guide the Markets This Week
Fri, 16 Nov Podcast | Rini Mehta, TM Team

   Previous Close

   Pre-Open

   09:30 am

   12:30 pm

   Closing

Global markets remained in pressure this week. Pound fell sharply as risk of chaotic Brexit rose. Meanwhile, the US and China intensified efforts to strike a truce at the G20 that would curb their trade war.

Back home, the Indian rupee bounced strongly to hit a two-month high. While, India's exports rose sharply, but equally strong growth in imports widened the trade deficit.

With dozens of companies reporting their second quarter results, the earnings seem to be on a slow path to recovery. The market may be nervous and impatient, but safe stock guru Tanushree Banerjee believes the slow earnings turnaround is good.

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