Nov 28, 10:27 AM (IST)
YES BANK DROPS Yes Bank shares dropped as much as 5 percent in morning on Wednesday after Moody’s Investors Service downgraded lender’s foreign currency issuer ratings with changing outlook to negative. It was an addition to 2.5 percent correction in previous session.

IndusInd Bank, Infosys, Hero MotoCorp, Titan and ITC are top gainers on key indices, whereas Yes Bank, NTPC, ONGC and BPCL lead losses. Here are the latest updates

Benchmark indices BSE Sensex and NSE’s Nifty 50 gained for the third straight say on Wednesday following positive cues from global markets ahead of key G20 and Opec meetings.   Asian stocks traded mixed as investors mulled comments from Federal Reserve officials and the chances of a breakthrough in the US-China trade dispute. Shares posted modest losses in Australia, South Korea and China, were little changed in Japan and edged higher in
Hong Kong. Overnight in the US, the S&P 500 Index climbed for a second day. Oil prices rose ahead of an OPEC meeting next week where the members are expected to decide some form of supply cut to counter an emerging glut.

10.11 am IST
Reliance Capital shares up 4% on Q2 results
Shares of Reliance Capital Ltd gained as much as 3.9% to Rs 243.90. The company on Tuesday reported a profit of Rs 280 crore in the quarter ending Sept. 30, versus a loss of Rs 163 crore in the same period last year. Revenue from operations jumped 10% in the quarter to Rs 5,308 crore.
ICICI Securities said the company reported “operationally stable performance with businesses being good”. “Pressure of related group accounts which lead to significantly higher ECL (expected credit loss) provisions impacted net-worth significantly,” ICICI Securities added.

9.52 am IST
Market update: Sensex, Nifty rise for 3nd day
The BSE Sensex traded 190.58 points, or 0.54%, up at 35,703.72, while the Nifty 50 rose 39.90 points, or 0.37%, to 10,725.50. The BSE MidCap and Smallcap Indices edged up 0.02% and 0.04%, respectively. Among the sectoral indices on BSE, IT, teck, FMCG and consumer durables advanced, while realty, oil and gas, energy and power declined.

9.40 am IST
Future Retail shares up over 1% on Amazon deal report
Future Retail shares gained as much as 1.47% to Rs 533.65 per share after PTI reported on Tuesday that Amazon is in advanced stage of talks to buy around 9.5% stake in Kishore Biyani-led Future Retail. A final shape to an agreement between the two parties is expected to take place within the next 10 days, although in case of last minute hurdles the deal could be announced as late as January 2019, added the report, citing sources.

source: livemint.com