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CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 15 JAN 2020

Wednesday Equity Wrap Up

MARKET WRAP UP

Closing Bell: – The Sensex ended 79.90 points lower at 41,872.73, while Nifty finished 19 points lower at 12,343.30.

The final hour recovery helped the Indian indices to close near the day’s high level. However, the market broke the fourth consecutive day winning streak and end with a moderate loss. At close, the Sensex was down 79.90 points at 41,872.73, while Nifty was down 19 points at 12,343.30. About 1471 shares have advanced, 1023 shares declined, and 182 shares are unchanged.

HEADLINES OF THE DAY.

European shares trade flat ahead of signing of US-China Phase-1 deal The Phase 1 deal will lead to China buying more US products, however, it does not address issues such as subsidies.

Sundaram Finance to divest entire stake in Equifax SFL holds 10% stake in Equifax or 1, 35, 00,000 equity shares of Rs10/- each.

Bharti Airtel announces successful completion of raising $3bn via QIP & FCCB the transaction is the largest dual tranche Equity and FCCB offering ever in Asia-Pacific, the largest QIP by a private sector issuer ever in India and the largest FCCB offering from an India issuer in the last 12 years.

Deepak Nitrite acquires industrial land in Gujarat; stock up 0.5% The Company said that the industrial land will be utilized by the company for the future growth/expansion plans.
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Capacite lnfraprojects soars 3% after order win the order is for the construction of multi-storey super specialty Hospital Building at Sir J J Hospital Campus Byculla, Mumbai on EPC mode.


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

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