Indian Indices:
The Indian benchmark indices are set to open higher on Wednesday amid strong cues from other global peers. The Asian markets have opened on a positive note after Wall Street shot to record peaks amid signs of progress on US tax cuts. SGX Nifty is trading at 10396, up by 27 Points. Selling in the final hours of trade dragged benchmark indices lower, forcing them to snap multi-day gaining streak. The Nifty managed to close below 10,400-mark, while the Sensex closed over 100 points lower.
Wipro's Rs 11,000 crore share buyback to begin from today for Rs 320 per share.
Global Market:
• Dow soars 255 points to record as Senate gets closer to passing tax reform.
• Asian markets traded mixed on Wednesday, but mostly shrugged off North Korea's latest missile launch.
• Key data to watch out today U.S. CB Consumer Confidence
• European food and beverages index emerges as sectoral gainer
Major Headlines of the day:
• Genus Power bags smart meter order worth Rs 453 cr
• Technofab Engineering received an order in the domestic water sector worth Rs281cr
• ADF Foods
• Revenue down 3 % at Rs 48.2 cr
• Net profit up 90 % at Rs 5.9 cr
• EBITDA up 24 % at Rs 6.1 cr
• Margin at 12.7 % from 9.8 %
• Balrampur Chini: Govt may scrap sugar stock limit to arrest price fall
• Coal India is considering hiking salary of its executives, which may cost the company about Rs 800 cr.
Trend in FII flows: The FIIs were Net Value of Rs 12.24 the cash segment on Monday while the DIIs were Net Value of Rs -428.15 as per the provisional figures.
Securities in Ban For Trade Date 29-NOV-2017:
1 DHFL
2 FORTIS
3 GMRINFRA
4 HDIL
5 INFIBEAM
6 JETAIRWAYS
7 JISLJALEQS
8 JPASSOCIAT
9 JSWENERGY
10 ORIENTBANK
11 SYNDIBANK
12 TV18BRDCST
13 WOCKPHARMA
Indian currency market updates - Today the Indian rupee opened lower by 5 paise at 64.46 per dollar in comparison with previous close 64.41.
ReplyDeleteReal estate stocks like Prestige Estates, Sobha and Brigade etc secured 5-9%. NTPC, ONGC, Cipla, Coal India, and Hindalco Industries are top gainers in the market till now.
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