Mid market commentary November 23,2016

DSIJ Intelligence / 23 Nov 2016

Mid market commentary November 23,2016

The Indian markets saw some profit booking on the higher level in the afternoon session. The Nifty is trading around the crucial support level of 8000. It is currently up by 4 points to trade at 8006; and the Sensex is up by 20 points and is trading at 25978. Both the indices were seen trading higher by 0.75 percent.

The Indian markets saw some profit booking on the higher level in the afternoon session. The Nifty is trading around the crucial support level of 8000. It is currently up by 4 points to trade at 8006; and the Sensex is up by 20 points and is trading at 25978. Both the indices were seen trading higher by 0.75 percent.

On the NSE, the advance-decline ratio is positive  with 1524 advances and 755 declines.

Narayana Hrudayalaya: Narayana Hrudayalaya to exit hospital operations at Berhampore.

BGR Energy Systems: BGR Energy Systems has received a Letter of Award from Neyveli Uttar Pradesh Power (NUPPL) for BoP contract for the 3 x 660MW - Super Critical Ghatampur Thermal Power Project, Uttar Pradesh. The total lump sum price of the contract is Rs 2788.60 crore.

Aurobindo Pharma: According to media reports, Vietnam Government has blacklisted Aurobindo Pharma on quality issues.

NIIT: Global Pharmaceutical Company extends its Managed Training Services contract with NIIT.

Cipla: Cipla EU divests stake in Chase Pharmaceuticals to Allergan.

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