Nifty below 8000, Sensex flat; L&T up 4%, Wockhardt tanks 3% - Dollar Advisory & Financial Services

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Wednesday 23 November 2016

Nifty below 8000, Sensex flat; L&T up 4%, Wockhardt tanks 3%

The Sensex is down 17.27 points at 25943.51, and the Nifty down 8.85 points at 7993.45. About 1118 shares have advanced, 634 shares declined, and 87 shares are unchanged. 9:50 am Demonetisation impact on GDP: Demonetisation is likely to pull down GDP growth by 1-2 percentage points as it is disrupting economic activities, especially in the informal sector, said former Planning Commission Deputy Chairman Montek Singh Ahluwalia. "The (economic) growth rate is going to be adversely affected. There is no question on that. Somewhere between one to two percent," Ahluwalia said in an interview on TV channel India Today.
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