TOP STORY- Stock Market For Thursday, 14 September 2017
Tata Chemicals is in advanced stages of discussions and negotiations with Indorama Holdings BV
Netherlands (subsidiary of Indorama Corporation, Singapore), for the potential sale of its Phosphatic
Fertiliser Business located at Haldia
IOC, HPCL, BPCL in focus – Govt Official Says No Plan To Review Excise On Petrol, DieselSBI Life IPO to open on September 20Thermax Group bags export contract of USD 43 million
Interglobe Aviation Price band for QIP Rs1125 to 1175
BPCL to invest Rs1.08tn in 5 years to expand business operations
Hindalco looks to export alumina from Odisha unit
Lupin’s arm recalls 12,888 bottles of ulcer drug in US
Bharti airtel partners Korea’s SK Telecom for 5G, network augmentation
Thermax wins first EPC power plant order in GCC region for 275cr
Hindalco may prepay upto Rs1100cr debt this month
MARKET COMMENTARY for Thursday, 14 September 2017
Nifty ended at 10,079 level, down by 13 points, while Sensex closed at 32,186 level, up by 27 points. There were 483 advances, 952 declines and 52 unchanged stocks on NSE, reflecting fairly negative sentiments floating in the market.
BSE Oil & Gas index closed at 15,234 level, down by 263 points or 1.7%. BPCL was the top loser on the index ending at Rs 500 per share, down by 6.3%. Hindustan Petroleum, IOC and OIL also ended in the negative terrain, down by more than 4%.
In the broader markets, BSE Mid-cap index closed at 15,935 level, down by 0.63% while BSE Small-cap index closed at 16,538 level, down by 0.48%.
Bank Nifty ended at 24,831 level, up by 47 points or 0.19%. IDFC Bank was the top gainer on the index closing at Rs 58.9 per share, up by Rs 1.5 per share or 2.61%
Nifty likely to trade in the range of 9887-10295.
Market Pulse on Thursday, 14 September 2017