25th September, 2019

Nifty 50 Sensex Open 11,590.70 Open 39,135.28 High 11,655.05 High 39,306.37 Low 11,539.20 Low 38,913.06 Close 11,588.20 Close 39,097.14 % Chg. -0.1% % Chg. +0.02%

STOCK INDICES Closing % Chg. BSE SENSEX 39,097.14 +0.02% Domestic Corporate – BSE MIDCAP 14,480.70 -0.51% NIFTY 50 11,588.20 -0.1% ZEEL: HDFC AMC, Franklin Templeton and Birla Sun Life Mutual Fund are NIFTY MIDCAP 50 4,554.95 -0.58% likely to give more time to the promoters of Essel Group to repay NIFTY BANK 30,183.10 -1.25% outstanding loans, as they believe the current price of the Zee Nifty 50 Top Gainers LTP % Chg. Prev. Close Entertainment Enterprises stock makes it unattractive for the owners to INFY 794 3.88% 764.35 sell and pay back investors. ZEEL 281.55 3.66% 271.6 TECHM 704.05 3.11% 682.8 SBI Life: Market regulator SEBI has pulled up SBI Life insurance for not RELIANCE 1,277.50 3.09% 1,239.20 complying with minimum public shareholding norms and directed the TATAMOTORS 131.4 2.74% 127.9 insurer to be cautious in the future. Nifty 50 Top Losers LTP % Chg. Prev. Close JSWSTEEL 233.5 -4.19% 243.7 SBIN 301 -4.06% 313.75 DHFL: SBI has approached the Sebi, seeking a one-time exception for EICHERMOT 18,500.00 -3.84% 19,239.35 mutual funds over a rule on segregation of assets so that they could be AXISBANK 703.15 -3.08% 725.5 part of a resolution plan being worked on for DHFL. IOC 138.25 -3.08% 142.65 Securities Ban in Trade IDBI Bank: The lender has put up loans worth Rs 9,500 crore for sale,

and the accounts offered to potential buyers include the KKR-backed JBF Petrochemicals and JBF Industries, and 's .

Coal : Trade unions claimed that production and dispatch came to a "complete halt" at the mines of Coal India and Singareni Collieries Company Ltd, owing to the one-day strike against the Centre's decision to allow 100 per cent FDI in coal mining.

RCom: Global Cloud Xchange said that Bill Barney has stepped down as CEO of Reliance Communications to focus full time at the helm of GCX during its corporate restructuring process.

PTC India: India’s top power trading company is in talks with potential suitors to sell two subsidiaries — non-bank lender PTC and renewable energy firm PTC Energ.

JSW Steel: The company said it will raise up to $400 million through the external commercial borrowing route.

Comment – The benchmark indices ended little changed on Tuesday after two days of spectacular rally as investors booked profits.

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25th September, 2019

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