Mid-market Commentary September 22,2016

DSIJ Intelligence / 22 Sep 2016

Mid-market Commentary  September 22,2016

The India markets have seen a gap up opening in today's session and has been able to sustain the morning gains. At present, the Nifty and Sensex are up by 72 and 228 points respectively to trade at 8850 and 28735 respectively. Both the indices opened up with a gain of around 0.80 per cent each.

The India markets have seen a gap up opening in today's session and has been able to sustain the morning gains. At present, the Nifty and Sensex are up by 72 and 228 points respectively to trade at 8850 and 28735 respectively. Both the indices opened up with a gain of around 0.80 per cent each.

The advance-decline ratio is tilted towards the positive side in the morning session. On the NSE, 1575 shares are trading in gains while 1019 shares are trading in the red.

Gail (India): IndianOil and Gail sign MoU for taking an equity stake in upcoming Dhamra LNG terminal.

Larsen&Toubro: Larsen&Toubro (L&T) bags major order worth Rs 668 crores from Vietnam border guard for high-speed patrol vessels.

Asian Granito India: Asian Granito India's board has given approval in favor of Crystal Ceramic Industries. The total corporate guarantee given by the company in favor of Crystal Ceramic Industries is Rs 171.5 crore.

Pooja Entertainment and Films: Pooja Entertainment and Films' under the distribution SBU would release the film Banjo on September 23, 2016, across 2000 screens in India.

Crisil: Crisil has sanctioned the scheme of amalgamation of Pipal Research Analytics And Information Services India, Coalition Development Systems (India) and Mercator lnfo-Services India with Crisil.

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