Mid-Market Commentary October 14,2016
DSIJ Intelligence / 14 Oct 2016
The Indian markets witnessed trading in a tight range during the mid-market session. The Nifty is trading up by 8 points at 8582 and the Sensex is up by 36 points at 27685. The indices are trading on a positive note between 0.10-0.15 per cent.
The Indian markets witnessed trading in a tight range during the mid-market session. The Nifty is trading up by 8 points at 8582 and the Sensex is up by 36 points at 27685. The indices are trading on a positive note between 0.10-0.15 per cent.
The advance-decline ratio is on the positive side. On the NSE, 1762 shares are in the green and 1540 shares are in the red.
DCB Bank/ Crisil/ Bajaj Corp: DCB Bank, Crisil, Bajaj Corp will be in focus on Friday as these companies will declare their results.
Hindustan Construction Company: Hindustan Construction Company (HCC)-VCCL JV has been awarded Rs 368 crore contract.
Jammu & Kashmir Bank: Jammu & Kashmir Bank declined more than 9 per cent on an intraday basis. The share price of the bank dropped more than 22 per cent in two day trading session after management lowered guidance for FY17.
Reliance Communication: Reliance Communication is in pact with Brookfield to sell tower assets. The company could fetch about Rs 11000 crore from the deal.
TCS/Infosys/ Mindtree/ Tech Mahindra: TCS, Infosys, Mindtree and Tech Mahindra will be in focus as NASSCOM stated that it will revise FY17 guidance after seeing more IT companies Q2FY17 results.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.