Stock Market Latest News | Top Stories | MARKET PULSE on Tuesday,31 october 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Tuesday,31 october 2017

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TOP STORY- Stock Market For Tuesday,31 october 2017

 Cadila Health Gets US FDA Nod For Tamoxifen Citrate Tablets (Used To Treat, Prevent Breast      Cancer)
 Cipla Gets US FDA Nod For Zoledronic Acid (Used For The Treatment Of Certain Bone Diseases)
 Japan, Promoters of Ricoh India Limited have announced that it will not provide any additional
financial support to Ricoh India Limited going forward
 Thomas Cook has completed acquisition of 100% stake of TC Forex Services Limited (formerly known
as Tata Capital Forex Limited) from TATA Capital Limited on 30th October, 2017
 Brookfield, and Resurgent power have bid to acquire JP Power
 Air France-KLM close to forming JV with Jet AirwaysOriental Bank of Commerce to raise upto Rs1000cr by issuing Basel III compliant bonds on private placement basis

MARKET COMMENTARY for Tuesday,31 october 2017

Nifty rose 40.60 points or 0.39% to settle at 10,363.65, a record closing high. The index rose 61.45 points, or 0.6% at the day’s high of 10,384.50, its record high level. The index rose 21.25 points, or 0.21% at the day’s low of 10,344.30

Sensex rose 108.94 points or 0.33% to settle at 33,266.16, a record closing high. The index rose 182.95 points, or 0.55% at the day’s high of 33,340.17, its record high level. The index rose 49.71 points, or 0.15% at the day’s low of 33,206.93.

The total turnover on BSE amounted to Rs 4279.33 crore, lower than turnover of Rs 5595.40 crore registered during the previous trading session.

The market breadth, indicating the overall health of the market, was strong. On BSE, 1,750 shares rose and 1,013 shares fell. A total of 175 shares were unchanged.

Nifty likely to trade in the range of 10283-10483.

Market Pulse on Tuesday,31 october 2017

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