Mid-Market Commentary
DSIJ Intelligence / 10 Nov 2016
The benchmark Indian indices witnessed superb rally and at their current levels they are holding on to their morning gains. The Nifty is trading up by 147 points at 8579 and Sensex has gained 438 points at is currently at 27690. Both the indices are trading up in the range of 1.61-1.75 per cent.
The benchmark Indian indices witnessed superb rally and at their current levels they are holding on to their morning gains. The Nifty is trading up by 147 points at 8579 and Sensex has gained 438 points at is currently at 27690. Both the indices are trading up in the range of 1.61-1.75 per cent.
The advance-decline ratio is on the positive side. On the NSE, 964 shares are trading in the green and 426 shares are in red.
Cox & Kings: Cox & Kings-owned MEININGER Hotels to open a hotel in Zurich in 2019.
State Bank of India/ICICI Bank/Axis Bank/Bank of Baroda: All banking stocks will be watched on account of Rs 500 and Rs 1000 notes ban.
JK Tyre & Industries: JK Tyre & Industries posted robust financials for Q2FY17. its consolidated revenue rose 5.22 per cent to Rs 2070 crore in Q2FY17 on a yearly basis.
Uflex: Uflex has launched profile pouch for liquids with sonically sealed spout.
Steel Authority of India: Steel Authority of India has signed an MoU with POSCO on technical collaboration.
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