Stock Market Latest News | Top Stories | MARKET PULSE on Friday, 22 September 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Friday, 22 September 2017

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Stock Market Latest News | Top Stories | MARKET PULSE on Wednesday, 20 September 2017
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Weekly Equity Report by Indira Securities (03 Oct to 06 Oct 2017)

TOP STORY- Stock Market For Friday, 22 September 2017

 Reliance Home Finance to list today
 KNR Construction bags order worth 884cr to be completed in 18 months
 A2z infra board approves issuance of 8 cr equity shares to lenders as one time settlement
 Clear merger of Rcom with SSTL in two weeks, TDSAT tells DoT
 Indian bank to raise 2000cr out of the 5000cr approved by the board
 Bharti Airtel – UIDAI lens on Airtel over payments bank
 SpiceJet’s Ajay Singh set to take control of NDTV
 MD-Bharti Airtel Gets Shareholder Nod For Scheme Of Amalgamation With Telenor
 Tara Jewels wont be going ahead with issuance of pref shares to promoters and non- prooters as the
co. is in talks with international equity fund for infusion of funds
 A2z infra board approves issuance of 8 cr equity shares to lenders as one time settlement

MARKET COMMENTARY for Friday, 22 September 2017

Nifty ended at 10,121 level, down by 19 points, while Sensex closed at 32,370 level, down by 30 points. There were 576 advances, 1,083 declines and 301 unchanged stocks on NSE, reflecting strong negative sentiments  floating in the market.

In the broader markets, BSE Mid-cap index closed at 16,044 level, down by 0.34% while BSE Small-cap index closed at 16,784 level, down by 0.51%

Bank Nifty ended at 24,799 level, down by 165 points or 0.66%. Punjab National Bank was the top loser in the index closing at Rs 141.8 per share, down by Rs 3 per share or 2.07%.

BSE Realty index was the top losing index, which closed at 2,164.83 level, down by 2.28%. Indiabulls Real Estate was the top loser in the index ending at Rs 237.5 per share, down by 5.92%.

Nifty likely to trade in the range of 9809 – 10415.

 

Market Pulse on Friday, 22 September 2017.

 

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