Mid-market commentary: December 6, 2016
DSIJ Intelligence / 06 Dec 2016
The Indian markets witnessed positive opening, thereby extending Monday’s gains. Presently, Nifty is trading up by 37 points at 8,166 while BSE Sensex is also up by 117 points and is trading at 26,466.
The Indian markets witnessed positive opening, thereby extending Monday’s gains. Presently, Nifty is trading up by 37 points at 8,166 while BSE Sensex is also up by 117 points and is trading at 26,466. All sectoral indices are trading in the green, except Consumer Durables and FMCG, on intra-day basis.
On the NSE, the advance-decline ratio was positive, with 1130 advances and 421 declines.
Indiabulls Real Estate: D & A Financial Services has submitted copy of buy-back of equity shares of Indiabulls Real Estate up to a maximum buy-back size of Rs 540 crore at a price not exceeding Rs 90 per share through open market.
Larsen & Toubro Infotech: Larsen & Toubro Infotech completed transition phase of strategic managed services engagement with Insurity.
Inox Wind: SJVN awards 50 MW order to Inox Wind. The share price of the company will be watched for rest of the trading session.
Fiberweb India: Fiberweb India bagged one more prestigious export order of Rs 15.4 crore.
Lupin: Lupin received tentative approval for the generic Zorvolex capsules. The share price of the company will remain in limelight on Tuesday.
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