Stock Market Latest News | Top Stories | MARKET PULSE on Friday, 8 September 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Friday, 8 September 2017

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TOP STORY- Stock Market For Friday, 8 September 2017

 ICICI Lombard IPO Price Band Fixed At `651-661/Sh
 Biocon’s insulin facility in Malaysia Receives EU GMP Compliance Certificate
 TCS Partners with GE to Integrate Intelligence into Services Data Lake Platform
 Punj Lloyd gets LOA for construction canal work for total contract value of 870cr
 SEBI imposes Rs 2423cr penalty on PACL
 IDBI Bank seeks bids to sell 13.71% stake in SIDBI
 Brookfield joins race to buy Vodafone & Idea stakes in Indus
 Bombay Dyeing sold a land parcel of 48.457acre for ?13.57 crore
 Vista Pharmaceuticals received EIR from U.S. FDA for its formulation facility in Telangana

MARKET COMMENTARY for Friday, 8 September 2017

Nifty closed at 9,929 level, up by 13 points, while Sensex closed flat at 31,662 level on Thursday. There were 959 advances, 674 declines and 328 unchanged stocks on NSE, reflecting that bulls were in control of the market.

India VIX closed at 13.02 level, down by 0.76%. In the broader markets, BSE Mid-cap index outperformed the major indices, closed at 15,823 level, up by 0.76%. BSE Small-cap index, closed at 16,329 level, up by 0.46%. BSE Mid-cap index and BSE Small-cap index touched their all-time high levels of 15,852 and 16,395 respectively.

Bank Nifty ended at 24,340 level, up by 61 points or 0.25%. IndusInd Bank was the top gainer in the index closed at Rs 1,704.5 per share, up by 1.17% Reliance Industries turned ex-bonus on Thursday. The stock settled at Rs 818.9 per share, down by 0.41%.

Nifty likely to trade in the range of 9909-10080.

Market Pulse on Friday, 8 September 2017

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