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Morning News and Update

Market Live: – Nifty50 seen opening flat.

The Nifty50 is expected to open flat on October 23, following Asian markets after British lawmakers rejected the government proposed timetable for passing legislation to ratify its deal to exit the European Union.The defeat in parliament made it unlikely that Britain would finalize its exit by Prime Minister Boris Johnson Oct. 31 target. Johnson said it was up to the EU to decide whether it wanted to delay Brexit and for how long, said a Reuters report.

Global Market:

Asian Markets: – Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.04% while the Hang Seng is down 0.98%. The Shanghai Composite is not trading.

US Markets: North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.28%, while the S&P 500 led the IPC lower. They fell 0.36% and 0.10% respectively.

European Markets: – European markets finished higher today with shares in London leading the region. The FTSE 100 is up 0.68% while France’s CAC 40 is up 0.17% and Germany’s DAX is up 0.05%.

Major Headlines of the day: –

Rupee stands at 70.97 per dollar.

Jubilant Life Sciences’ arm gets ANDA final approval for OCD capsules As on June 30, 2019, jubilant had a total of 96 ANDAs for Oral Solids filed in the US, of which 61 had been approved and 15 Injectable filings, of which 13 had been approved.

Bajaj Finserv cons. PAT jumps 71% you The Company total income for the quarter also rose by 47% you to Rs14, 224cr.

RITES signs MOU with Ministry of Railway Development, Republic of Ghana The specific projects will be identified and taken up during the course of time, the company said in the filing.

Trend in FII flows: – The FIIs were Net Value of Rs -557.50segment while the DIIs were Net Value of the-985.47 provisional figures.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

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