TOP STORY- Stock Market For Thursday,12 october 2017
Sun Pharma gets EIR from FDA for Dadra Facility
Indiabulls Ventures has developed a mobile app for instant personal loan disbursals to new
HCL Info BM on 14th Oct to consider rights issue
L&T says sale Of Stake In Ewac Alloys for 522cr to ESAB
Jet Airways to buy 75 aircraft to increase share in domestic market
Aditya Birla Group set to exit fertilizer business for ~3,000cr
Monsanto settles GM cotton dispute with 3 Indian seed firms
BSE’s India INX To Commence Trading In WTI & Brent Futures From October 2017
Cabinet Approves About `6,655 Cr Spending For Skill Development
HDFC To Issue NCDs Worth `2,500 Cr
MARKET COMMENTARY for Thursday,12 october 2017
Nifty 50 index fell 32.15 points or 0.32% to settle at 9,984.80, its lowest closing level since 6 October 2017. The Nifty fell 61.15 points, or 0.61% at the day’s low of 9,955.80 in mid-afternoon trade. The index rose 50.30 points, or 0.50% at the day’s high of 10,067.25 in mid-morning trade
Sensex fell 90.42 points or 0.28% to settle at 31,833.99, its lowest closing level since 6 October 2017. The Sensex fell 155.01 points, or 0.49% at the day’s low of 31,769.40 in mid-afternoon trade. The index rose 174.05 points, or 0.55% at the day’s high of 32,098.46 in morning trade.
BSE Mid-Cap index fell 0.82%. The BSE Small-Cap index fell 1.08%. The fall in both these indices was higher than the Sensex’s decline in percentage terms.
Most private bank stocks rose. Yes Bank (down 2.63%), Kotak Mahindra Bank (down 1.22%), HDFC Bank (down 0.68%), RBL Bank (down 1.41%), ICICI Bank (down 0.72%) and IndusInd Bank (down 0.39%) declined.
Nifty likely to trade in the range of 9668-10336.
Market Pulse on Thursday,12 october 2017