TOP STORY- Stock Market For Friday,13 october 2017
Bharti Airtel-Tata Teleservices Tata and Bharti to Combine Consumer Telecom Business’
Shriram City Union to raise 500cr via Secured Non Convertible Redeemable Debentures
Piramal Enterprises QIP of Compulsorily convertible debentures for amount of Rs5000cr
Sun Pharma increase shareholding in Ranbaxy Malaysia Sdn Bhd, by way of purchase of 666,985
shares equivalent to 8.3%
NBCC may acquire 3 PSUs to create construction giant
Dr Reddys Signs pact with Enorama Pharma to develop and sell Nicotine gum in North America
Bhushan Power and Steel says resolution professional has admitted claims of over 48,592cr from
lenders, operational creditors and employees
Motilal Oswal ties up with MMTC-PAMP for online gold sale
BHEL Gets Shareholder Nod For 1:2 Bonus Share Issue
Leasing Of Vehicles Purchased, Leased Before July 1 To Attract 65% Of Applicable GST Rate
MARKET COMMENTARY for Friday,13 october 2017
The Nifty 50 index surged 111.60 points or 1.12% to settle at 10,096.40, its highest closing level since 21
September 2017. The Nifty rose 119.65 points, or 1.20% at the day’s high of 10,104.45 in late trade. The index fell 7.70 points, or 0.08% at the day’s low of 9,977.10 in early trade.
Sensex surged 348.23 points or 1.09% to settle at 32,182.22, its highest closing level since 21 September 2017. The Sensex rose 375.04 points, or 1.18% at the day’s high of 32,209.03 in late trade. The index fell 20.32 points, or 0.06% at the day’s low of 31,813.67 in early trade.
The market breadth, indicating the overall health of the market, was strong. On BSE, 1,706 shares rose and 962 shares fell. A total of 130 shares were unchanged.
Among the sectoral indices on BSE, the S&P BSE Energy index (up 1.95%), the BSE FMCG index (up 1.18%), the BSE Realty index (up 1.49%) and the BSE Metal index (up 1.9%) outperformed the Sensex. The BSE Finance index (up 0.96%), the BSE IT index (up 0.68%), the BSE Utilities index (up 0.76%) and the BSE Capital Goods index (up 0.9%) underperformed the Sensex.
Nifty likely to trade in the range of 10014-10440.
Market Pulse on Friday,13 october 2017