Sensex, Nifty opening gains, 24 Nov Stock Market Trading

Sensex,Nifty opening gains, 24 Nov Stock Market Trading: 

The key benchmark indices continued to trade steadily tracking positive domestic as well global cues on Friday. 

Shares of Infosys gained over 1.5% on Friday later hours, while stocks of Reliance Industries, Bajaj Auto and Bharti Airtel were trading up over 0.5 percent each. In the Nifty50 pack, shares of IndusInd Bank, Tech Mahindra & Aurobindo Pharma gained over 1 percent each, to help the index keep up the opening gains. 

In the Nifty index, 40 stocks advanced while 10 stocks declined, on the other hand, Hindustan Unilever, Tata Stee and Adani Ports shed nearly 1% each on Sensex. Shares of Bata India declined 2% to Rs. 730 following Brokerage firm Motilal Oswal has down-graded the company to sell from buy & kept its price target to Rs. 578 per share, down 23 percent from its previous close.

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Stock Market News- Stocks to Watch out on 22 November 2017

Stock Market News- Stocks to Watch out on 22 November:

Key benchmark indices edged higher in early trade on Wednesday, with indices extending fresh gains tracking steadiness in Asian stocks. 

Stocks to watch out today: Steel Authority of India’s (SAIL) stock will be watched out as the company is likely to have JV for 1.5 million ton steel plant for production of auto-grade steel with Arcelor Mittal. 

Telecom sector stocks will be in limelight as the Telecom Regulator has put forward relaxing spectrum holding limits. Shares of Reliance Industries Limited is on watch after the global investment banking company Goldman Sachs raised their target price by 26% to Rs 1,205. 

RIL shares rose by 2% to Rs.939.65, on Tuesday’s closing. Ajanta Pharma announced that it has got the USFDA approval for the bioequivalent generic version of Kapvay tablets and the same has been launched in US market through its wholly owned subsidiary, Ajanta Pharma USA Inc. 

Bank of Baroda has announced that it has approved the proposal of raising additional equity capital aggregating upto Rs 6000 crore by way of rights issue or QIP, depending on applicable statutory approvals.

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Stock in News today 7th November 2017, Best Intraday Advisory Company

Stock in News today 7th November 2017, Best Intraday Advisory Company:

The BSE Sensex is trading at 33,664 levels, down by 66 points, while NSE Nifty is trading at 10,426 levels down by 25 points.

Muthoot Capital Service Ltd launched Qualified Institutional Placement to raise Rs 200 crore. The Price band is fixed at Rs 601-610 per share.

Everstone Group has agreed to acquire Kenstar, air conditioners and home appliances, from Century Appliances Ltd, an associate of the Videocon Group.

Tata Chemicals Limited sells its non-bulk phosphates business to IRC Agro-chemicals for Rs. 375 cr, which involves sale of the fertilizer biz, the assets attached to it as well as the company’s Haldia plant.

Just Dial’s net profit rose 26.47% to Rs 37.46 crore on 3.97% rise in total income to Rs 214.52 crore in Sept 2017 year on year.

Bank of Maharashtra reviewed its marginal cost of funds based lending rates (MCLR) with effect from 7 November 2017.

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