Mid market commentary November 25,2016
DSIJ Intelligence / 25 Nov 2016
The Indian markets carried on with their northward journey in the mid-session too. At present Nifty is trading up by 109 points at 8074 and the Sensex is up 301 points and is trading at 26162. Both the indices were seen trading higher by more than 1% each.
The Indian markets carried on with their northward journey in the mid-session too. At present Nifty is trading up by 109 points at 8074 and the Sensex is up 301 points and is trading at 26162. Both the indices were seen trading higher by more than 1% each.
On the NSE, the advance-decline ratio is positive with 1848 advances and 530 declines.
Himachal Futuristic Communications: Oscilloquartz, an ADVA Optical Networking company has been selected to synchronise a nationwide core transport network being built for India's armed forces. The 60,000 km infrastructure is being constructed by a consortium led by Himachal Futuristic Communications.
Talwalkars Better Value Fitness: Talwalkars Better Value Fitness has received board approval to demerge the listed gym business.
Videocon Industries: Videocon Industries may exit insurance JV with US’ Liberty Mutual.
Fortune Financial Services India: Fortune Financial Services India has invested a sum of Rs 164 crore in subsidiary company viz. ITI Reinsurance by subscribing to 16.41 crore fully paid equity shares of Rs 10 each.
SML Isuzu: Andhra Pradesh government exempts Isuzu vehicles from Motor Vehicle Tax. The share price of the company will be watched out for rest of the trading session.
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