Stock Market Latest News | Top Stories | MARKET PULSE on Monday, 4 September 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Monday, 4 September 2017

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TOP STORY- Stock Market For Monday, 4 September 2017

  Adani Enterprises still at odds with Queensland over royalty for Australian mines
 NTPC and others: Coal stocks critical at power units
 Hindalco has earmarked $3 billion for acquisition in its aluminum business
 ICICI Prudential plans realty platform with a corpus of $400 million
 Infosys Promoters offer to sell shares worth Rs2039 cr
 Genus Power : Order win worth 20 crs
 Zydus receives final approval from the USFDA for Mycophenolate Mofetil for Injection US
 Jubilant Life completes acquisition of Radiopharmacy business of Triad
 JSW Steel – SEBI imposes penalty of 2.5 lkhs for non-redressal of an investor grievance in a
speedy manner
 UPL purchases 33.33% shares in the capital of Serra Bonita Semetes S.A., a Brazilian company
located in City of Buritis

MARKET COMMENTARY for Monday, 4 September 2017

Nifty closed at 9,974 level, up by 56 points while Sensex closed at 31,892 level, up by 161 points on Friday. There
were 1,071 advances, 574 declines and 321 unchanged stocks on NSE, reflecting strong positive sentiments
floating in the market. India VIX ended at 11.76 level, down by 1.58%
Nifty Pharma index ended at 9,071 level, up by 212 points or 2.39% outperforming the major and broader indices
in the market. Dr Reddy’s Lab was the top gainer in the index ending with gains of 9.46% at Rs 2,212 per share,
while Divi’s Lab closed up by 2.02%
Bank Nifty closed in the positive territory, up by 115 points or 0.48%. IDFC Bank was the top gainer on the index
closing at Rs 57.1 per share, up by 4.1%.
On the broader markets, BSE Mid-cap index closed at 15,679 level, up by 0.9%. BSE Small-cap index closed at
16,117 level, down by 0.78%.
Nifty likely to trade in the range of 9735-10176.

Market Pulse on Monday, 4 September 2017

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