Mid-market commentary October 06,2016

DSIJ Intelligence / 06 Oct 2016

Mid-market commentary October 06,2016

The Indian markets saw a flattish positive movement in opening trading session. After this, the indices surged on highest level in mid-session. Presently, the Nifty is trading up by 25 points at 8770 and the Sensex is up by 72 points at  28294. Both the indices are trading higher by more than 0.25 per cent each.

The Indian markets saw a flattish positive movement in opening trading session. After this, the indices surged on highest level in mid-session. Presently, the Nifty is trading up by 25 points at 8770 and the Sensex is up by 72 points at  28294. Both the indices are trading higher by more than 0.25 per cent each.

On the NSE, the advance-decline ratio is positive with 1708 advances and 940 declines.

Mahindra & Mahindra: Mahindra & Mahindra launches eSupro - India’s 1st all electric cargo and passenger van.

Cadila Healthcare: Cadila Healthcare signs in-licensing deal with Neovii of Switzerland.

Thomas Cook (India): Thomas Cook (India) to capitalise on Tier III growth markets via its small tech assisted outlets.

Cerebra Integrated Technologies: Cerebra Integrated Technologies announces shipment of plant and machineries for integrated e-waste processing facility at Narsapura near Bangalore.

Cosmo Films: Cosmo Films has entered into a definitive MOU for purchase of about 34 acres of industrial land adjacent to its existing manufacturing plant on 16 acres of land at Waluj, Aurangabad, Maharashtra for setting up new production facilities in due course.

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