TOP STORY- Stock Market For Friday,17 November 2017
Bank of Baroda board meeting on November 21 to raise capital via QIP or rights issue upto Rs 6000cr
United Spirits in arbitration to recover Rs 1800 crore from United Breweries Holdings
IFCI, HDFC to set up USD 800 million realty fund
Bain-Piramal ARC, Aion, Others in race to acquire 58 percent in GTL InfraRIL to raise USD 1.8 billion to cut reliance on high cost debt
Odisha Govt Says-Panel Approves Vedanta’s Proposal To Expand Lanjigarh Alumina Refinery
Govt Readies To Push Digital Transactions In GST Regime, Govt May Offer 200 bps Cut In GST Payable For B2C Digital Transaction
HDFC Is A Great Partner To Push The Agenda Of Affordable Housing
Dual GST Tax Slab Was A Big Problem For Restaurants, Esp In Take-Away Biz 90% Of AHAR Members Have Already Moved To Cut Prices In Step With Lower GST Will Not Hike Prices Down The Line, Will Take Up ITC Matter With Govt In Time
MARKET COMMENTARY For Friday,17 November 2017
The Sensex rose 346.38 points or 1.06% to settle at 33,106.82, its highest closing level since 10 November 2017.
The index rose 404.71 points, or 1.24% at the day’s high of 33,165.15. The index rose 69.38 points, or 0.21% at the day’s low of 32,829.82.
The Nifty 50 index rose 96.70 points or 0.96% to settle at 10,214.75, its highest closing level since 13 November 2017. The index rose 114.20 points, or 1.13% at the day’s high of 10,232.25. The index rose 21.15 points, or 0.21% at the day’s low of 10,139.20
S&P BSE Mid-Cap index rose 1.07%. The S&P BSE Small-Cap index advanced 1.10%. Both the indices underperformed the Sensex.
On BSE, 1,683 shares rose and 982 shares declined. A total of 159 shares were unchanged.
Nifty likely to trade in the range of 10009-10381.
Market Pulse on Friday,17 November 2017