Yesterday’s Major Headlines

Tata Motors November global wholesales down 15% at 89,671 units YoY

Domestic car sales were down by 10.83% YoY to 1,60,306 units

Indian indices

Indian shares ended lower on December 10, amid broad based selloff, dragged by IT, metal, and banking stocks. Losses in index heavyweights like TCS, ITC, Axis Bank, and Reliance Industries also added to the fall. The Sensex fell by 0.61% or 247.55 points to 40,239.88. The Nifty slipped by 0.68% or 80.70 points to 11,856.80.

Market Breadth was firmly in favour of decline with an Advance-Decline ratio of 1:3.

Following are the stocks/sectors which were in news yesterday:

Dilip Buildcon share price rose by 1.43% to Rs. 382.50, after the company emerged as the lowest bidder for Delhi Metro project
Yes Bank share price declined by 10.05% to Rs. 50.55, on the back of the report stating that the Rakesh Jhunjhunwala is likely to withdraw the plan to invest in the private lender

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