Mid market commentary October 24,2016
DSIJ Intelligence / 24 Oct 2016
The headline Indian indices are holding their morning gains at their current levels. The Nifty is trading up by 28 points at 8721; and Sensex is 119 points higher at 28196. Both the indices are trading up in the range of 0.32-0.42 per cent.
The headline Indian indices are holding their morning gains at their current levels. The Nifty is trading up by 28 points at 8721; and Sensex is 119 points higher at 28196. Both the indices are trading up in the range of 0.32-0.42 per cent.
The advance-decline ratio is on the positive side. On the NSE, 30 shares are trading in the green and 20 shares are in red.
Religare Enterprises: Religare Enterprises is in talks to sell Religare Finvest with an expected valuation of Rs 6000 crore.
Essel Propack: Essel Propack has introduced new tube making technology named 'SHOT'
Inox Wind: ReNew Power has issued 50 MW repeat order to Inox Wind.
Bharti Artel/ Idea Cellular: Share price of Bharti Artel and Idea Cellular has dropped 1.02 per cent and 1.69 per cent, respectively as TRAI recommends Rs 3050 crore fine on telecommunication.
JSW Energy: JSW Energy signs MoU to set up a thermal power plant and related activities in the Kingdom of Swaziland.
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