Stock Market Latest News | Top Stories | MARKET PULSE on Tuesday,7 November 2017

Stock Market Latest News | Top Stories | MARKET PULSE on Tuesday,7 November 2017

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TOP STORY- Stock Market For Tuesday,7 November 2017

HFCL bags Order for Rs.1248 cr from Bharat Sanchar Nigam Limited for Defence Communication
Network
 Tata Chemicals announces sales of its Phosphatic Fertilizers business to IRC Agrochemicals Private ltd
for Rs 375cr
 AXISCADES to acquire Mistral Solutions for Rs. 175 Cr
 Reliance Communications enters into binding MOU to sell 100% equity in Non Core DTH business to
VeeCom Media
 Reliance Communications skips bond interest payment and says no payments will be made to bond
holders/lenders till Dec 2018
 SEBI plans further rise in public float (30% or higher from existing 25%)
 PNB to raise Rs5k cr; appoints merchant bankers
 Wheels India to close the operations at Pantnagar facilityParent Diageo says United spirits has
corrected various loopholes in USL books after takeover

MARKET COMMENTARY for Tuesday,7 November 2017

Nifty 50 index fell 0.70 points or 0.01% to settle at 10,451.80. The Nifty rose 37.95 points, or 0.36% at the day’s high of 10,490.45 in afternoon trade, its record high level. The index fell 38.75 points, or 0.37% at the day’s low of 10,413.75 in morning trade.

Sensex rose 45.63 points or 0.14% to settle at 33,731.19, a record closing high for the barometer index. The Sensex rose 162.86 points, or 0.48% at the day’s high of 33,848.42 in afternoon trade, its record high level. The index fell 103.18 points, or 0.31% at the day’s low of 33,582.38 in morning trade.

the BSE Mid-Cap index rose 0.46%. The BSE Small-Cap index rose 0.31%. Both these indices outperformed the Sensex.

The total turnover on BSE amounted to Rs 5123.50 crore, lower than turnover of Rs 15285.99 crore registered during the previous trading session.

Nifty likely to trade in the range of 10221-10682.

Market Pulse on Tuesday,7 November 2017

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