Mid-market commentary: September 21, 2016
DSIJ Intelligence / 21 Sep 2016
The headline Indian indices are holding their morning gains at their current levels. The Nifty is trading up by 39 points at 8815 and Sensex is 117 points higher at 28639. Both the indices are trading up in the range of 0.41%-0.44%.
The headline Indian indices are holding their morning gains at their current levels. The Nifty is trading up by 39 points at 8815 and Sensex is 117 points higher at 28639. Both the indices are trading up in the range of 0.41%-0.44%.
13 out of the 13 sectoral indices are trading in the green. Auto and consumer durables are the top gainers, up by 182 points and 129 points respectively. Bankex, healthcare and IT are up around 50 points each. Mid-caps and small-caps are also trading in positive territory.
The Asian markets are trading with positive results. Hang Seng is the positive, up by 179 points. The Nikkei, also up by 315 points. The Shanghai, KOSPI and Taiwan Weighted are all nominally positive.
Gail (India): The Company’s first UNIPOL PE process line starts operations in Pata. It will produce 4 lakh TPA of polyethylene, total capacity now 8.1 lakh TPA.
NIIT: NIIT unveils flagship training centre at Tongren Polytechnic College in China.
Multi Commodity Exchange of India: Multi Commodity Exchange of India (MCX) and Mozambique Commodities Exchange sign MoU for strategic co-operation.
Shriram EPC: Shriram EPC awarded order worth over Rs 74 crores.
IndusInd Bank: Paytm partners with IndusInd Bank to offer financing options for booking of two-wheelers.
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