Mid market commentary: December 1, 2016

DSIJ Intelligence / 01 Dec 2016

Mid market commentary: December 1, 2016

The Indian markets are oscillating on both sides in the first half of Thursday’s trading session. At present Nifty is trading down by 6.8 points to trade at 8217.7; while BSE Sensex is up by 7.6 points and is trading at 26660.49.

The Indian markets are oscillating on both sides in the first half of Thursday’s trading session. At present Nifty is trading down by 6.8 points to trade at 8217.7; while BSE Sensex is up by 7.6 points and is trading at 26660.49. Half of the sectoral indices such as Capital Goods, Consumer Durables, FMCG and Healthcare are trading in green. Rest of the sectoral indices are in red.

On the NSE, the advance-decline ratio is positive with 687 advances and 865 declines.

Steel Strips Wheels: Steel Strips Wheels (SSWL)has  registered 22 per cent turnover growth in November led by solid growth in tractor & CV segment.

Surana Solar: Surana Solar has received an order from Aryavaan Renewable Energy, one of the subsidiary of Surana Telecom and Power, for supply of solar modules for 5 MW solar power plant situated at Hamirpur, Uttar Pradesh of a total value of Rs 15.40 crore.

Career Point: Career Point has bagged a new order for tutorial services in Chhattisgarh.

Bharat Heavy Electricals: Bharat Heavy Electricals (BHEL) has commissioned first unit of Pulichintala HEP in Telanqana.

White Diamond Industries: White Diamond Industries has launched new 100 per cent organic and natural flours and juices.

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