GIVE MISS CALL ON :- +91 99774 99927

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 14 JAN 2020

Tuesday Equity Wrap Up

MARKET WRAP UP

Closing Bell: – Sensex ends shy of 42,000; IndusInd Bank, Yes Bank sink The Sensex ended 92.94 points higher at 41,952.63, while Nifty added 30.80 points to close at 12,360.30.

The benchmark indices ended with moderate gains but off record high on January 14 with Nifty closed above 10,350. At close, the Sensex was up 92.94 points or 0.22% at 41,952.63, while Nifty was up 30.80 points or 0.25% at 12,360.30. About 1440 shares have advanced, 1036 shares declined, and 151 shares are unchanged. Vedanta, Britannia Industries, Hero MotoCorp, ITC and Zee Entertainment were among major gainers on the Nifty, while losers were Yes Bank, IndusInd Bank, UPL, Reliance Industries and Kotak Mahindra Bank.

HEADLINES OF THE DAY.

Edelweiss down 3% after ED summons co. on Jan 15 The development follows the statement by the company’s Chairman Rashesh Shah stating the firm has no relationship with Capstone Forex, which is being investigated by the ED for foreign exchange rules violation.

IndusInd Bank net profit rises 33% yoy in Q3FY20 the bank net NPA stood at Rs2, 173cr in Q3FY20 vs. Rs2, 203 in Q2FY20.

European shares trade lower ahead of US-China deal signing in further signs of goodwill, the US Treasury Department on Monday dropped China designation as a currency manipulator, Reuters reported.

Bandhan Bank posts higher net profit for Q3FY20 Non-interest income went up 52.99% to Rs358cr for the quarter ended December 31, 2019, as against Rs234cr in the corresponding quarter of the previous year.

Titan gains after Jhunjhunwala raises stake Rakesh Jhunjhunwala bought 15 lakh shares (representing 0.17% of total paid-up equity) of the company during the quarter ended December 2019, taking total stake to 5.27% (from 5.10% earlier), as per the latest shareholding pattern available on exchanges.


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.

Leave a Reply

Checking...

Ouch! There was a server error.
Retry »

Sending message...

ASK AN EXPERT


CapitalStars FORUM