Stock Market: Latest News On Stock Market | Top Stories | MARKET PULSE on Thursday, 31 August 2017

Stock Market: Latest News On Stock Market | Top Stories | MARKET PULSE on Thursday, 31 August 2017

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TOP STORY- Stock Market Today 31 August 2017

• Ajanta Pharma Gets US FDA Nod For Migraine Drug, Eletriptan Hydrobromide Tablet
• Harshil Mehta elevated to ‘Joint Managing Director and Chief Executive Officer’ from CEO of DHFL
• Reliance Industries fixed record date for bonus equity shares as 9th Sept
• Aksh Optifibre’s service division bags National Level Banking Correspondent Contract from Bank of Baroda
• Fortis Healthcare sells its stake in M/s. Fortis Medicare International Limited to M/s. Fortis Global
Healthcare
• Cochin Shipyard Limited and Central Institute of Fisheries Technology signed MOU for building fishing
vessels
• Wipro shareholders give buyback for 11,000cr Buyback proposalMcDonalds says no to settlement with
Bakshi

MARKET COMMENTARY

Nifty closed at 9,884 level, up by 88 points, while Sensex closed at 31,646 level, up by 258 points. Reliance and
HDFC twins were the top contributors to the gains of the major indices. There were 1,227 advances, 405 declines
and 330 unchanged stocks on NSE, reflecting that bulls were in control of the market. Markets have recovered a
major chunk of the Tuesday’s losses. India VIX closed lower by 4.83% at 12.88 level
In the broader markets, BSE Mid-cap index outperformed the major indices, closed at 15,505 level, up by 1.49%.
BSE Small-cap index closed at 15,864 level, up by 1.33%
Bank Nifty ended at 24,308 level, up by 179 points. Yes Bank was the top gainer in the index closed at Rs 1,750
per share, up by 1.65%
NTPC OFS got subscribed by 0.69 times by the retail portion as of 1525 hours. The issue was oversubscribed by
1.4 times by the non-retail investors in the previous trading session
Nifty likely to trade in the range of 9853-10001.

Market Pulse on Thursday, 31 August 2017

Market Pulse on Thursday, 31 August 2017

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