GIVE MISS CALL ON :- +91 99774 99927

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 03 JAN 2020

Friday Equity Wrap Up

MARKET WRAP UP

Closing Bell: – Nifty ends below 12,250, Sensex falls 162 pts.

Indian indices broke the 2 days of winning streak and ended lower on January 3 after market remained under pressure post US killed a top Iranian commander in an air strike that ratcheted up tensions between the two countries. At close, the Sensex was down 162.03 points or 0.39% at 41464.61, while Nifty was down 55.50 points or 0.45% at 12,226.70. About 1246 shares have advanced, 1257 shares declined, and 176 shares are unchanged. Zee Entertainment, Bharti Infratel, Asian Paints, Eicher Motors and Axis Bank were among major losers on the Nifty, while gainers were Sun Pharma, TCS, HCL Technologies, GAIL and Infosys.

HEADLINES OF THE DAY.

Indices slip further; Reliance Industries, TCS among active stocks All Nifty50 sectoral indices traded in the red except Nifty IT and pharma.

IEX surges 5% after electricity market sees 51% yoy rise in volumes in Dec’19 the increase in traded volumes on the Exchange was largely due to surge in demand from the northern states as well as the southern States.

Info Edge to divest entire stake in Applect Learning Systems; stock up 2% Taking into consideration the independent valuation report, the sale value of the investment is determined as about Rs500cr, the company said.

HG Infra receives financial closure letter from NHAI the total project cost is Rs580cr. The construction period is 2 years and the operation period is 15 years.

CARE reaffirms ‘AA+’ rating on Zydus Wellness’ NCDs worth Rs1,500cr; stock down 1% CARE Ltd has reviewed and reafrmed the rating of “CARE AA+/Stable, on, 15,000 9.14% (payable semi-annually) Secured, Listed, Rated, Non-Convertible Debentures (NCDS) of Rs10 lacs each of the Company, aggregating to Rs1,500cr.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647.

Leave a Reply

Checking...

Ouch! There was a server error.
Retry »

Sending message...

ASK AN EXPERT


CapitalStars FORUM