TOP STORY- Stock Market For Tuesday,24 october 2017
Kaya has approved investment of an amount not exceeding INR 51 crores in KME Holdings Pte. Ltd
(‘KMEH’), a wholly owned subsidiary of the Co. in Singapore for buyout of minority stake in Kaya
Reliance Communications receives final approval from DOT for demerger of wireless Business of
Sistema Shyam Teleservices Limited into RCOM.
Mahindra & Mahindra in focus – Mahindra Logistics, a subsidiary of the company, sets IPO price band
at Rs 425-429 per share
Tata steel, Ruias submit bid for essar steel but JSW steel gives it a skip Srei infra and 5 others eye
Bharti Airtel adds 1 mn usersSBI signs MoU with Escorts for tractor financing
JP Assoc To SC- Have Received Expression Of Interest For Yamuna Expressway
MARKET COMMENTARY for Tuesday,24 october 2017
Nifty gained 38.30 points or 0.38% to settle at 10,184.85, its highest closing level since 18 October 2017. The index gained 77.60 points or 0.76% at the day’s high of 10,224.15. The index fell 22.05 points or 0.21% at the day’s low of 10,124.50.
Sensex rose 116.76 points or 0.36% to settle at 32,506.72, its highest closing level since 18 October 2017. The index gained 224.93 points or 0.69% at the day’s high of 32,614.89. The index fell 77.22 points or 0.23% at the day’s low of 32,312.74.
Indicating the overall health of the market, was negative. On the BSE, 1,429 shares fell and 1,288 shares rose. A total of 135 shares were unchanged.
Index heavyweight Reliance Industries (RIL) advanced 3.05% at Rs 938.10. The stock had hit a high of Rs 943.45 and a low of Rs 909.90 in intraday trade.
Nifty likely to trade in the range of 9878-10476.
Market Pulse on Tuesday,24 october 2017