TOP STORY- Stock Market For Monday,20 November 2017
IndusInd Bank, Yes Bank to join BSE Sensex; Cipla, Lupin exit from Dec. 18.
Eris Life acquires Strides Shasun’s India branded formulations buisness for Rs 500 crore.
Wipro buyback to open from Nov. 29 to Dec. 13.
Infosys buyback to open from Nov. 30 to Dec. 14.
Cadila Healthcare gets U.S. FDA final nod for Ethacrynate Sodium.
Prataap Snacks commences commercial production and launches Yum-Pie, a variety of sweet snack,
under the brand name Rich Feast.
Mayur Uniquoters to buyback 4.50 lakh shares or 0.98 percent equity stake at Rs 550 per share.
Record date for Buyback fixed at Dec. 02.
Vadilal promoters may put India’s oldest ice-cream maker on the block (Economic Times)
IndiGo takes delivery of its first ATR 72-600 aircraft in Toulouse.
ACC, Ambuja Cements roll back prices to September levels; cut Mumbai prices by Rs 20 per bag
MARKET COMMENTARY For Monday,20 November 2017
The Nifty rose 68.85 points or 0.67% to settle at 10,283.60, its highest closing level since 10 November 2017. The Nifty advanced 128.85 points or 1.26% at the day’s high of 10,343.60. The index rose 53.30 points or 0.52% at the day’s low of 10,268.05.
The Sensex advanced 235.98 points or 0.71% to settle at 33,342.80, its highest closing level since 7 November 2017. The Sensex surged 414 points or 1.25% at the day’s high of 33,520.82. The index rose 172.09 points or 0.51% at the day’s low of 33,278.91.
Among secondary indices, the S&P BSE Mid-Cap index surged 1.03%. The S&P BSE Small-Cap index advanced 0.81%. Both the indices outperformed the Sensex.
The total turnover on BSE amounted to Rs 4673.08 crore, higher than turnover of Rs 3894.45 crore registered during the previous trading session.
Nifty likely to trade in the range of 10073-10523.
Market Pulse on Monday,20 November 2017