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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,

TOP CORPORATE NEWS – 05 DEC 2019

CORPORATE NEWS DCM Shriram stock surges after commissioning facility Shares of DCM Shriram surged 6% on the BSE after the company has commissioned 200 KLD distillery at Ajbapur on December 3, 2019. The total capacity of the companys distillery after the said commissioning now stands at 350 KLD, the company said in the filing. RBI

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 05 DECEMBER 2019

RBI MPC Keeps Repo Rate Unchanged At 5.15% The Reserve Bank of India monetary policy committee maintained the repo rate at 5.15 per cent points (bps) in its fifth bi-monthly monetary policy meeting of the financial year 2019-20 (FY20) on Thursday. Consequently, the reverse repo rate stands unchanged 4.90 per cent. The RBI has cut

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 05 DECEMBER 2019

MCX MORNING UPDATE BULLION – Bullion counter may witness profit booking at higher levels as gold may fall after hitting their highest in more than a week as stocks gained on better-than-expected China factory data and the greenback strengthened, despite fresh uncertainty over a US China trade truce. Gold is traditionally seen as a safe

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

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