Stock Market Latest News | Top Stories | MARKET PULSE on Monday,6 November 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Monday,6 November 2017

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TOP STORY- Stock Market For Monday,6 November 2017

 Mercator has entered into MOA with M/s. Gemini Marine (No.3) Limited, Nevis to sell its vessel
Harsha Prem for total consideration of USD 3.42 Million
 Torrent Pharma acquires Branded Formulation Business of India and Nepal of Unichem Laboratories
 VRL’s board of directors at their meeting held on November 03, 2017 approved the buy-back of equity
shares of the Company
 Godrej Properties: Scheme Of Amalgamation b/w Godrej Buildcon, Godrej Projs Dvpt approved by
both cos
 IOC to raise raise Rs700cr through bond sale
 NLC India to set up solar plants on railway land
 Reliance Communications – Brookefield calls off Reliance Communications deal after Aircel merger
falls through
 United Spirits gets RBI nod to exit Nepal Subsidiary

MARKET COMMENTARY for Monday,6 November 2017

Nifty 50 index rose 28.70 points or 0.28% to settle at 10,452.50, a record closing high for the index. The Nifty gained 37.90 points or 0.36% at the day’s high of 10,461.70 in mid-afternoon trade. The index fell 20.20 points or 0.19% at the day’s low of 10,403.60 in early trade.

Sensex rose 112.34 points or 0.33% to settle at 33,685.56, a record closing high for the barometer index. The Sensex gained 160.49 points or 0.48% at the day’s high of 33,733.71 in late trade. The index fell 41.28 points or 0.12% at the day’s low of 33,531.94 in early trade.

The total turnover on BSE amounted to Rs 15283.05 crore, sharply higher than the turnover of Rs 5055.25 crore registered during the previous trading session.

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,435 shares rose and 1,311 shares fell. A total of 139 shares were unchanged.

Nifty likely to trade in the range of 10264-10612.

Market Pulse on Monday,6 November 2017

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