11th October, 2019

Nifty 50 Sensex Open 11,280.50 Open 38,130.23 High 11,293.35 High 38,130.23 Low 11,208.55 Low 37,802.93 Close 11,239.25 Close 37,880.40 % Chg. -0.65% % Chg. -0.78%

STOCK INDICES Closing % Chg. BSE SENSEX 37,880.40 -0.78% Domestic Corporate – BSE MIDCAP 13,748.11 -0.87% NIFTY 50 11,239.25 -0.65% Indiabulls Real Estate: The Embassy Group is reconsidering its plan to NIFTY MIDCAP 50 4,250.95 -1.29% buy a majority stake in Indiabulls Real Estate a day after Mint Road NIFTY BANK 28,061.65 -2.52% rejected the proposed merger of Lakshmi Vilas Bank with Indiabulls Nifty 50 Top Gainers LTP % Chg. Prev. Close Housing Finance. BHARTIARTL 375.05 4.35% 359.4 GRASIM 695 3.67% 670.4 TCS: The IT major reported lower-than-expected revenue and profits for RELIANCE 1,360.15 2.67% 1,324.75 the second quarter, as slow growth in the North American market made it HINDUNILVR 1,980.00 1.64% 1,948.00 difficult for India’s largest IT services company to maintain the pace of HCLTECH 1,064.00 1.23% 1,051.10 double-digit revenue expansion for a second year in succession. Nifty 50 Top Losers LTP % Chg. Prev. Close INDUSINDBK 1,229.55 -6.04% 1,308.65 Jet Airways: ED has questioned Jet Airways founder Naresh Goyal in YESBANK 40.9 -5.43% 43.25 GAIL 127.3 -3.63% 132.1 connection with alleged violations of the foreign exchange law in an TATAMOTORS 116.8 -3.39% 120.9 equity deal in a company that operated the airline’s loyalty and rewards VEDL 141 -3.23% 145.7 programme. Securities Ban in Trade

DHFL: The Bombay High Court has restrained Dewan Housing Finance Corporation from making further payments or disbursements to any unsecured creditors until further orders.

Biocon: Biotechnology major and German drug firm Evotec SE on Thursday said their subsidiaries have entered into a licensing agreement for a biosimilar asset.

Tata Steel: The company said its crude steel production increased 4.65 per cent at 4.5 million tonne in second quarter ended September 30 as against 4.3 million tonne (MT) in the corresponding quarter last fiscal.

YES Bank: The bank announced the recruitment of former ICICI Bank chief general manager Anita Pai, as the chief operating officer and former head of marketing at Kotak Life, Jasneet Bachal, as the chief marketing officer in a bid to further strengthen the top management at the bank.

Comment – After a one-day rally, domestic equities once again came under pressure on Thursday amid brisk selling in banking counters.

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11th October, 2019

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