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TOP CORPORATE NEWS- 18 JULY 2018

Sugar sector likely to reel under pain as CCEA plans to increase sugarcane FRP The Cabinet Committee on Economic Affairs (CCEA) is scheduled to meet today and is likely to consider a proposal to fix the Fair and Remunerative Price (FRP) for 2018-19 crop year. The expectation is that the cabinet would announce Rs20 hike

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP –18 JULY 2018

Closing Bell: Sensex ends almost 150 pts lower, Nifty below 11,000; midcaps crack Intensified selling in the last hour ensured that the market ended the day on a lower note, with the Nifty giving up 11,000-mark. The Sensex managed to close almost 150 points lower, a huge drop from the record high it achieved on

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK – 18 JULY 2018

Nifty likely to open higher Indian Indices: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 37 points or 0.34 percent. Nifty futures were trading around 11,062-level on the Singaporean Exchange. Global Market: • Asian markets- Asian markets are higher today as Chinese and Hong Kong shares

CAPITALSTARS -STOCKS TO LOOK OUT FOR TODAY: 18 JULY 2018

The NSE benchmark Nifty resumed its rally after the two-day sell-off and ended the session near the day’s high of 11,008. The price action formed a long bull candle just beside the negative candle of the last session, indicating Nifty has recouped major portion of its previous session’s loss. As mentioned in the previous review,

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP –17 JULY 2018

Closing Bell: Last hour buying pushes Sensex almost 200 pts higher, Nifty above 11,000 Increased buying in the last hour ensured that the market has ended the day on a positive note, with the Nifty closing above 11,000-mark. The Sensex closed higher by 196.19 points or 0.54% at 36519.96, while the Nifty rose 71.10 points

TOP CORPORATE NEWS- 17 JULY 2018

Federal Bank stock rallies 19% as PAT rises in Q1FY19 Shares of Federal Bank were trading higher over 19% on the NSE on Tuesday. The stock rallied after the lender announced its results for Q1FY19. The stock is the top gainer in the mid-cap index. As per the results, the bank’s NII came in at

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