6th January, 2020

Nifty 50 Sensex Open 12,261.10 Open 41,634.51 High 12,265.60 High 41,636.18 Low 12,191.35 Low 41,348.68 Close 12,223.80 Close 41,464.61 % Chg. -0.48% % Chg. -0.39%

STOCK INDICES Closing % Chg. BSE SENSEX 41,464.61 -0.39% Domestic Corporate – BSE MIDCAP 15,114.60 -0.45% NIFTY 50 12,223.80 -0.48% Titan Company: The company said sales across consumer segments were NIFTY MIDCAP 50 4,755.25 -0.86% hurt due to protests against the new citizenship law that forced store NIFTY BANK 32,084.70 -1.11% closures in December. Nifty 50 Top Gainers LTP % Chg. Prev. Close TCS 2,201.00 2.01% 2,157.65 : Homegrown private equity fund True North has acquired about 3 SUNPHARMA 443.15 1.89% 434.95 per cent of Biocon Biologics for $100 million, valuing the unlisted GAIL 125.5 1.58% 123.55 arm of Biocon at $3-3.5 billion. HCLTECH 582 1.47% 573.55 INFY 745 1.40% 734.7 UCO Bank: The bank is on track to come out of RBI's Prompt Corrective Nifty 50 Top Losers LTP % Chg. Prev. Close Action framework in the current fiscal, a top offical of the lender has said. ZEEL 273.5 -5.56% 289.6 The bank is hopeful of bringing down the net NPA below 6 per cent in INFRATEL 247.1 -2.58% 253.65 2019-20 from 7.34 per cent as on Sepetmber 2019, Managing Director ASIANPAINT 1,750.00 -2.27% 1,790.65 and CEO A K Goel said. AXISBANK 742.4 -1.92% 756.95 EICHERMOT 21,210.00 -1.81% 21,600.85 Adani Ports: The Gautam Adani-led company will buy a 75% stake in Securities Ban in Trade KPCL at an enterprise value of Rs 13,572 crore after prolonged talks to obtain the all-weather port in Andhra Pradesh. The all-cash deal will be

YESBANK funded through internal accruals and existing cash balance, the company said in a release.

Vedanta: The company said it proposes to raise up to Rs 2,000 crore via issuance of non-convertible debentures.

Future Retail: The company which runs the Big Bazaar chain is seeking to raise up to $500 million in its maiden overseas bond issue after two informal sale attempts last year.

Reliance Home Finance: Debt investors of Reliance Home Finance, a unit of Reliance Capital, are planning legal action that may include a request for initiating recovery proceedings in the National Company Law Tribunal

against the stressed financier, which defaulted on bond repayments due earlier this month.

Comment – Following the global sell-off, Indian equity markets, too, settled lower on Friday after the US military killed Iran Revolutionary Guards' commander in a surprise air-strike.

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6th January, 2020

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