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CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 21 SEP 2018

  Closing Bell: Volatile trade on D-Street, Sensex ends 279 pts lower, Nifty below 11,150; DHFL down 45% A largely volatile day has come to a close and indices have ended on a negative note. But they are off the day’s low points. The Nifty has managed to give up 11,200 in today’s trade. The

TOP CORPORATE NEWS- 21 SEP 2018

  RIL permanently shuts down only oil field in KG-D6 block Reliance Industries (RIL) has shut down its only oil field in the KG-D6 block after production declined to naught, the company announced in a BSE filing on Friday. It said that the field cumulatively produced about 0.53 TCF of gas and 31.4mn barrel of

CAPITALSTARS – भारत में खरीदारी के लिए बेहतर हैं ये स्‍टॉक: 21 SEP 2018

After a positive opening, the NSE benchmark Nifty traded in a range-bound manner in the first half of the session. Then, in the latter half of the sessions, bears took the charge and, as a result, the index slipped below its recent swing low of 11,250. The price action formed a sizeable bear candle carrying

TOP CORPORATE NEWS- 19 SEP 2018

Titan stock drops after foreign brokerage downgrades Shares of Titan is trading lower on the NSE after the foreign brokerage firm CLSA downgraded the stock to sell. CLSA downgraded the stock to sell and cut the target price to Rs720 from Rs1, 050 amid growth concerns after the company missed Q1 guidance, as per media

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 19 SEP 2018

Closing Bell: Sensex ends over 160 points lower, Nifty gives up 11,250; banks, FMCG names drag. Equity benchmarks ended a volatile trading day in the red, with the Nifty giving up 11,250-mark. The Sensex ended over 169 points lower. A selloff among major sectors such as banks, automobiles, and FMCG and a larger selling pressure

TOP CORPORATE NEWS- 19 SEP 2018

  The NSE benchmark Nifty settled lower for the second consecutive day, closing below its important psychological 11,300 mark. The price action formed a sizeable bear candle carrying lower high and lower low for the day, signalling continuation of profit-booking. In the process, the index has slipped below its crucial moving average, i.e. 50-day SMA.

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