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TOP CORPORATE NEWS- 18 JUNE 2019

Piramal Enterprises divests its stake in Shriram Transport Finance Piramal Enterprises (PEL) announced the sale of its investment of 9.96% in the fully paid-up share capital of Shriram Transport Finance Company Limited (STFCL).Piramal has a long-standing track record of shareholder value creation and has consistently leveraged the right opportunities at the appropriate time to deliver

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 17 JUNE 2019

Closing Bell: Nifty ends below 11,700, Sensex falls 491 points; Tata Steel plunges 5%. Indian indices witnessed sharp fall on June 17 on the back of trade war fears which pulled the Sensex below 39,000 and Nifty below 11,700 level. At close, the Sensex was down 491.28 points at 38,960.79, while Nifty was down 148.40

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 17 JUNE 2019

BULLION – Gold prices rose by 0.4 percent last week over expectation of rate cut by the U.S. Federal Reserve. Slowdown in the global growth amid weakening of the US economy might pressurize the FED to trim the rates which weighed on the US Dollar & in turn support Gold prices. Markets will have a

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 17 JUNE 2019

Market Live: Nifty likely to open flat. It is a weak start for the benchmark indices on June 17 with Nifty around 11,800 level. At 09:17 hrs IST, the Sensex is down 47.78 points or 0.12% at 39404.29, and the Nifty down 22.90 points or 0.19% at 11800.40. About 298 shares have advanced, 490 shares

TOP CORPORATE NEWS- 14 JUNE 2019

Hexaware acquires 100% shares of Mobiquity Softech Hexaware, in its filing to the exchanges on Friday, informed that the company has acquired 100% stakes of Mobiquity Softech Private Limited, a wholly owned subsidiary of Mobiquity Inc for a total consideration of ~ $182mn.This acquisition would help gain traction in banking and Pharma verticals, which are

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 14 JUNE 2019

Closing Bell: Nifty ends below 11,850, Sensex falls 289 points; IndusInd Bank slips 4%. Sharp fall in late trading pulled the indices to the low of the day on June 14 with Nifty ended below 11,850 level. At close, the Sensex was down 289.29 points at 39,452.07, while Nifty was down 90.70 points at 11,823.30.

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