TOP STORY- Stock Market For Wednesday, 13 September 2017
Tata Global proposes to sell up to 1,05,00,000 Equity Shares of face value of Rs. 10/- each of Tata
Chemicals Limited to Tata Sons
Tata Chemicals has accepted an offer from Tata Sons Limited for sale of 4,31,75,140 equity shares of
Re 1 each of Tata Global Beverages
Tata Motors’ August Global Wholesales Up 9% At 94,201 Units (YoY)Tata Power: CARE Reaffirms
“CARE AA”; Stable Rating On Cos Long-term Debt Instruments
Coal India may diversify into mining metals
Identifies More Than One Lakh Directors Of Shell Cos For Disqualification
Combined Food Price Inflation At 1.52% Vs -0.36% (MoM)
Core Inflation Rate At 4.5% Vs 3.9% (MoM)
Combined Fuel & Light Inflation At 4.94% Vs 4.86% (MoM)
Pulses & Products Price Inflation At -24.43% Vs -24.75% (MoM)
MARKET COMMENTARY for Wednesday, 13 September 2017
Nifty and Sensex closed higher for the fifth consecutive trading session on Tuesday. Nifty ended at 10,093 level,up by 87 points, while Sensex closed at 32,158 level, up by 276 points.
In the broader markets, BSE Mid-cap index has ended at record closing high level on Monday. The index closed at 16,037 level, up by 1.08%. BSE Small-cap index closed at 16,617.84 level, up by 1.01%. BSE Mid-cap index and BSE Small-cap index touched their all-time high level of 16,050 and 16,629 respectively.
All Bank Nifty constituents ended in positive terrain except IndusInd Bank. Bank Nifty ended at 24,784 level, up by 112 points or 0.46%. Bank of Baroda was the top gainer in the index closed at Rs 142.2 per share, up by Rs 4.75 per share or 3.46%. BSE Realty index was the top gaining index, which closed at 2,234.9 level, up by 2.11%. Godrej Properties was the top gainer on the index ending at Rs 655.5 per share, up by 8.95%.
Nifty likely to trade in the range of 9864-10281.
Market Pulse on Wednesday, 13 September 2017