TOP STORY- Stock Market For Wednesday,25 october 2017
Quess Corp has signed a definitive agreement to acquire 70% equity in Vedang Cellular Services
Private Limited with an investment upto Rs. 40 crores
RBI instructs HDFC Bank to classify project loan account as a NPA
HDFC Standard Life IPO to open on 7th November
Mannapuram Finance may raise Rs 200cr through allotment of non-convertible debentures on
private placement basis
Lupin gets USFDA nod for testosterone topical solution
Lupin Gets US FDA Nod For Clonidine Hydrochloride Tablets
ONGC, IOC unveiled a Rs320cr fund to support start-ups in oil and gas sector for a period of 3 years
BPCL plans to raise $500mn via bonds
Polaris Consulting To Consider Delisting On October 31Jaypee Associates in focus – SC refuses nod to
Jaypee to sell Yamuna Expressway, extends deadline to deposit 2000cr
MARKET COMMENTARY for Wednesday,25 october 2017
The barometer index, the S&P BSE Sensex jumped 435.16 points or 1.33% to settle at 33,042.50. The Nifty 50 index rose 87.65 points or 0.86% to settle at 10,295.35. Both the Sensex and the Nifty, hit record closing highs. Nifty rose 87.65 points or 0.86% to settle at 10,295.35, a record closing high. The index spurted 132.85 points or 1.3% at the day’s high of 10,340.55. The index gained 33.20 points or 0.32% at the day’s low of 10,240.90.
Sensex jumped 435.16 points or 1.33% to settle at 33,042.50, a record closing high. The index jumped 509.99 points or 1.56% at the day’s high of 33,117.33. The index gained 197.26 points or 0.6% at the day’s low of 32,804.60.
Indicating the overall health of the market, was negative. On the BSE, 1,532 shares fell and 1,160 shares rose. A total of 137 shares were unchanged.
The total turnover on BSE amounted to Rs 6011.79 crore, higher than turnover of Rs 4000.49 crore registered during the previous trading session.
Nifty likely to trade in the range of 9993-10591.
Market Pulse on Thursday,26 october 2017