Thursday, 29 September 2016

NIFTY SETTLES BELOW 8,600 ON SEPT F&O EXPIRY; AFTER INDIA'S 'SURGICAL STRIKES' ACROSS LOC

Yesterday’s mcx rocksssssss hit final tgt 1300 made high of 1399
The Sensex ended down 465 points to settle at 27,828 and the Nifty settled 154 points lower at 8,591. Lupin tanked 3% to Rs.1,469 on the BSE. The pharma company received final approval for its Memantine Hydrochloride Extended-Release Capsules from the USFDA to market a generic version of Allergan’s Namenda XR Capsules.Jaiprakash Associates tumbled 8% to Rs.10.23. Debt laden Jaiprakash Associates on Wednesday said it has received its shareholders’ approval to allow for conversion of its debt to equity stake in the company.
GLOBAL MARKET:
On the global front, Asian shares closed higher. China’s Shanghai Composite and Hong Kong’s Hang Seng closed in the green, while Japan’s Nikkei jumped 1.4%.In Europe, the FTSE 100 and CAC 40 were trading up by 1%. DAX is trading in the green.
TOP GAINERS:
Company
Group
Current Price
% Change
Asian Hotels (West)
B
182.00
+ 6.93
Petron Engineeri
B
179.75
+ 5.33
MCX
B
1,306.95
+ 4.84
Pioneer Distille
B
219.40
+ 4.73
Compuage Infocom Ltd
B
180.00
+ 4.68
Entertainment Networ
B
851.30
+ 3.87
Sundaram Finance
B
1,410.00
+ 3.41
TOP LOSERS:
Company
Group
Current Price
% Change
Sarda Energy & Miner
B
185.20
-14.63
Store One Retail Ind
B
138.85
-13.70
Shirpur Gold Refiner
B
131.35
-13.50
Mukta Arts Ltd.
B
95.95
-13.44
Gyscoal Alloys Ltd.
B
101.25
-13.16

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