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CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 05 DEC 2019

MARKET WRAP UP Closing Bell: – Nifty Bank falls close to 1% after RBI maintains status quo Benchmark indices witnessed volatile session and ended lower on December 5 after Reserve Bank of India (RBI) kept its repo rate unchanged at 5.15 percent with accommodative stance. At close, the Sensex was down 70.70 points at 40,779.59,

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 05 DECEMBER 2019

MORNING MAIL Market Live: Nifty50 seen opening lower. The Nifty50 is expected to open lower on December 5 following a muted trend seen in other Asian markets. Markets picked up momentum on signs that the United States and China were on track for a preliminary trade deal, but the gains remain capped. The fluid situation

TOP CORPORATE NEWS – 03 DEC 2019

CORPORATE NEWS Caplin Steriles gets USFDA approval for Sodium Nitroprusside injection. Caplin Steriles Limited, a wholly-owned subsidiary company of Caplin Point Laboratories, has been granted final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Sodium Nitroprusside injection, 50 mg/2 ml (25 mg/ml) Vial, a generic therapeutic

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 03 DEC 2019

MARKET WRAP UP Closing Bell: – Nifty ends below 12,000, Sensex down 127 pts; metals, banks top drags. Nifty metal along with the PSU bank index shed over 2 percent each. Bajaj Auto, TCS and Kotak Mahindra Bank were the top gainers while YES Bank, Tata Steel, Tata Motors DVR and Vedanta were the top

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 03 DECEMBER 2019

MORNING MAIL Market Live: Nifty seen opening flat. The Nifty is expected to open flat-to-lower on December 3, following a muted trend seen in other Asian markets, as US President Donald Trump stunned markets with tariffs against Brazil and Argentina, fanning a global trade wars. In a series of tweets on December 2, Trump said

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 02 DEC 2019

MARKET WRAP UP Closing Bell: – Weak Nov sales weighs on auto index. The policy backdrop for the December MPC meeting will be the steady decline in the GDP growth trajectory and the increase in headline CPI inflation led by food prices. Compared to its October estimates, the MPC will need to revise lower its

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