TOP STORY- Stock Market For Friday, 1 September 2017
Relaince MF purchases 15 lkh shares Already holds 1.2cr shares in Genus Power
India Overseas Bank says Capital infusion of Rs.1100 crore by GOI
Shankara Building Products starts new processing facility and relocates one of its existing facility
ABB India To Install Solar Inverters At 750 Railway Stations In India
IRB Infrastructure board Has approved the proposed sale of IRB Pathankot Amritsar Toll Road
Bharat Financial completes a securitization transaction of Rs. 243.77
V-Guard Industries Limited has acquired 74% equity shares of GUTS Electro-Mech Limited.
Idea, Bharti – Telcos may get more time for spectrum payments
Jaiprakash Associates to complete sale of Bhilai plant at year end for an enterprise value of 1,450cr
MARKET COMMENTARY for Friday, 1 September 2017
Markets ended in positive territory after a range bound intraday trade. Nifty ended gaining 33 points at 9,917
level and BSE Sensex closed higher gaining 84 points at 31,730 level.
BSE Mid-cap index closed higher by 0.22% at 15,539. BSE Small-cap index closed higher by 0.84% at 16,001.
India VIX closed lower by 7.2% at 11.9.
There were 974 advances, 656 declines and 332 unchanged stocks on NSE reflecting a positive undertone
floating in the market.
Defence stocks were buzzing during Thursday’s trading session amid volatile market ahead of August
derivative expiry. Defence stocks namely Astra Microwave Products closed higher by 3.13% at Rs 130 per share,
Reliance Defence and Engineering closed higher by 6.86% at Rs 57.65 per share and Walchandnagar Industries
closed higher 2.84% at Rs 144.85 per share
Nifty likely to trade in the range of 9874-10054.
Market Pulse on Friday, 1 September 2017