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TOP CORPORATE NEWS- 17 OCT 2018

NIIT Tech spurts 5% on favorable Q2FY19 numbers Shares of NIIT Tech jumped 5% in the afternoon session on Wednesday after posting better than expected numbers for the second quarter of FY19. The company reported better than expected numbers for Q2FY19 on all fronts. Revenue grew 10% qoq to Rs907cr against the median consensus estimate

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 16 OCT 2018

BULLION:- Gold prices held steady on Tuesday near last session’s 2-1/2-month high as risk-averse investors sought refuge in the metal amid rising political tensions and economic uncertainty. Spot gold XAU= was little changed at $1,226.71 an ounce at 0707 GMT. It touched $1,233.26 on Monday, its highest since July 26, as global stocks slid on

TOP CORPORATE NEWS- 16 OCT 2018

Piramal Enterprises mulls selling of pharma biz Piramal Enterprises gained 3% on Tuesday after media reports said that the company is mulling sale of its contract pharmaceutical operations, which may fetch the company $1bn. As per reports, Ajay Piramal, Chairman of the Piramal Group, is working with advisers to weigh interest in its contract development

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 16 OCT 2018

  Closing Bell: Sensex rises nearly 300 pts, Nifty tad below 10,600; RIL, ICICI, HDFC lead. Benchmark indices closed sharply higher on Tuesday with the Sensex gaining nearly 300 points as all sectoral indices ended in the green despite mixed global cues. The fall crude oil prices and rupee appreciation also boosted sentiment. The 30-share

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 16 OCT 2018

  BULLION:- There Gold prices inched higher early on Tuesday, hovering near a 2-1/2 month high hit in the previous session, as risk averse investors sought a safe haven amid rising political tensions and economic uncertainty. Spot gold was up 0.1 per cent at $1,227.76 an ounce at 0114 GMT. On Monday, it touched a

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK – 16 OCT 2018

Nifty likely to open higher. Indian Indices: Market Live: Nifty around 10,550 at pre-opening, Sensex up 150 pts; Hathway Cable up 10%. Global Market: • Asian markets: Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.06% while the Hang Seng is up 0.38%. The Nikkei

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