MARKET ANALYSIS
- After falling over 100 points in trade on Monday tracking weak global cues, the S&P BSE Sensex managed to recoup losses and surged as much as 159 points in trade to hit its fresh record high of 28205.71.
- Trade deficit for October declined to $13.35 billion vs $14.3 billion, month-on-month MoM. India's exports in October slipped to $26.09 billion vs $28.9 billion, MoM while imports declined to $39.4 billion vs $43.2 billion, MoM.
- The S&P BSE Sensex which saw strong buying in the last one hour of trade pushed as much as 282 stocks to fresh 52-week highs on the BSE which include names like State Bank of India, HDFC Bank, Infosys, Tata MotorsBSE 4.07 %, Bajaj Auto, Asian Paints etc.
- The 30-share index finally closed at 28177.88, up 131.22 points or 0.47 per cent. It touched a record high of 28205.71 and a low of 27921.34 in trade today.
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