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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 – 18 JUNE 2019

Closing bell: Indices snap 4-day losing streak, Sensex gains 85 pts; banks, IT stocks lead. Benchmark indices ended volatile session marginally higher and snapped four-day losing streak, driven by select banks and IT stocks. The BSE Sensex rose 85.55 points to 39,046.34 and the Nifty50 gained 19.30 points at 11,691.50. The market breadth was in

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 18 JUNE 2019

CRUDE OIL:- Oil prices steadied on Tuesday, caught between rising tensions in the Middle East and signs that economic growth is being hit by trade tensions between the United States and China. Brent crude futures were up 4 cents at $60.98 a barrel by 0055 GMT. They fell 1.7% in the previous session on concerns

CapitalStars MCX NEWS UPDATE on -18 JUNE 2019

BULLION – Gold has started to move in a narrow range ahead of the two day FOMC meeting which starts today, it is expected to offer hints on the central banks plan on interest rates. The FOMC may not lower interest rates this week; but might pave the way with a change in language in

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 18 JUNE 2019

Market Live: Nifty likely to open higher. The Nifty50 is likely to open higher on Tuesday following a mixed trend seen in other Asian markets. Investors are cautious ahead of the Federal Reserves interest rate meeting on June 18-19. Wall Street edged higher on Monday, supported by Facebook, Amazon, and Apple, as investors awaited a

TOP CORPORATE NEWS- 17 JUNE 2019

Cadila arm Alidac Pharma gets EIR for Ahmedabad unit Cadila Healthcare, in its press note to the exchanges, informed that the manufacturing facility of Alidac Pharmaceuticals Ltd (Alidac), located at Pharmez, Ahmedabad has received an Establishment Inspection Report (EIR).The USFDA had conducted a Pre-Approval Inspection (PAI) for Doxorubicin Liposomal, a complex oncological injectable at Alidac,

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