Mid market commentary November 21, 2016
DSIJ Intelligence / 21 Nov 2016
The Indian markets have been seeing a continuous fall since the morning session. There is no short covering taking place in the current scenario. The Nifty has lost 119 points to trade at 7956; and Sensex is down 323 points at 25828. The indices are trading lower between 1.23-1.45 per cent each.
The Indian markets have been seeing a continuous fall since the morning session. There is no short covering taking place in the current scenario. The Nifty has lost 119 points to trade at 7956; and Sensex is down 323 points at 25828. The indices are trading lower between 1.23-1.45 per cent each.
The advance-decline ratio is on the negative side. On the NSE, 1085 shares are in the green and 2192 shares are in red.
Shalimar Paints: Shalimar Paints has intimated about the fire in Nasik plant of the company.
Shree Cement: According to media reports, Shree Cement bids to buy Shiva Cement.
Panacea Biotec: Panacea Biotec received receipt of Establishment Inspection Report (EIR) from USFDA.
Punjab National Bank/ Bank of Baroda: Punjab National Bank and Bank of Baroda are trading weak on Dalal Street as heat of demonetisation is not easing.
Minda Corporation: India Ratings and Research (Ind-Ra) has upgraded credit ratings of Minda Corporation's long-term issuer rating to 'INDA+'.
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