Market Magnify :-Stock Market Commentary 15/12/2017

Equity benchmark indices opened on positive note on last day of the week after the exit poll results indicated that BJP will likely to win in Gujarat and Himachal Pradesh assembly election. But after gap up opening market was range bound mainly because of investors are waiting for Gujarat assembly results due on 18th December. We have also seen Indian rupee rises 19 paise to 64.15 against dollar today.  

HDFC Bank, Mahindra & Mahindra and Maruti Suzuki hit fresh record highs today, rising 2.6 %, 2.1 % and 0.7 %, respectively. » Read more

Daily Equity Report As on 4-Dec.-2017

MARKET HIGHLIGHTS

Nifty ended at 10227.75 UP 5.95 and Sensex at 32869.72 UP 36.78 points.

AYUSH industry may create 26 mn jobs by 2020: Suresh Prabhu.

Urea imports down by 7.25% in April-October.

63 Moons locked in 5% lower circuit as Bombay HC upholds merger with NSEL.

Infosys rallies as Board appoints new CEO & MD Salil Parekh.

Tata Motors rallies 3% on strong commercial vehicle sales; Land Rover drives JLR sales.

Biocon surges 14% after US FDA gives approval to biosimilar version of Herceptin. » Read more