Mid-Market Commentary September 23,2016
DSIJ Intelligence / 23 Sep 2016
After opening nominally positive, the Indian markets are trading on flattish note. The Nifty was down by two points to close the day at 8864 and Sensex closed at 28753, down by 20 points. Both the indices are trading in red by-0.03-0.06 per cent.
After opening nominally positive, the Indian markets are trading on flattish note. The Nifty was down by two points to close the day at 8864 and Sensex closed at 28753, down by 20 points. Both the indices are trading in red by-0.03-0.06 per cent.
The advance–decline ratio is on the mixed side. As far as the NSE is concerned, 1275 shares closed in green, while 1204 shares ended the day in red.
Gayatri Projects: Gayatri Projects has secured a Rs 1255 crore highway contract in a joint venture with Russian construction company PTPS.
Asahi Songwon Colors: Asahi Songwon Colors have a capex plan of Rs 17 crore to expand its capacity from 7500 operating to 9500 operating for CPC Blue crude.
Morepen Laboratories: Morepen Laboratories is in talks to sell OTC business to Piramal Group.
Great Eastern Shipping Company: Great Eastern Shipping Company has dissolved its wholly owned subsidiary-Great Eastern Shipping Company, London with effect from August 30, 2016.
Brigade Enterprises: Brigade Group signs MoU with rental solutions provider-NestAway.
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