Tuesday, 23 August 2016

Sensex hovers around 28000; Shriram EPC, Fortis Malar surge 20%

Shriram EPC shares gained 20 percent after its subsidiary Shriram EPC FZE, Sharjah has bagged an order worth USD 230 million (Rs 1,530 crore) from Moon Iron & Steel Co (MISCO), Oman. 

10:20 am BSE to drop TCI: Top bourse BSE has decided to drop Transport Corporation of India (TCI) from its indices from August 26, as the logistics firm is demerging its express distribution business into a wholly-owned subsidiary.

TCI would be shifted out of S&P BSE 500, S&P BSE AllCap, S&P BSE Industrials, S&P BSE MidSmallCap and S&P BSE SmallCap.

The company would be replaced by Infibeam Incorporation on S&P BSE 500 from August 26.

"Transport Corporation of India is demerging its express distribution business effective August 26, 2016," BSE said in a statement.

Also read - BlackRock upgrades emerging market stocks 

10:00 am Market Check FREE TRAILS TIPS 2DAY 

Equity benchmarks continued to trade in a tight range ahead of expiry of August derivative contracts and speech of Federal Reserve Chief Janet Yellen at Jackson Hole.

The Sensex was up 16.74 points at 28002.28 and the Nifty gained 6.10 points at 8635.25. The market breadth was positive as about 1113 shares advanced against 726 declining shares on the BSE.

Shriram EPC shares gained 20 percent after its subsidiary Shriram EPC FZE, Sharjah has bagged an order worth USD 230 million (Rs 1,530 crore) from Moon Iron & Steel Co (MISCO), Oman.

Fortis Malar rallied 20 percent for the second consecutive session after Fortis Healthcare decided to demerge diagnostic business and that will be merged with Fortis Malar.
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3 comments:

Neha Agrawal said...

Sensex and nifty updates mentioned above is very important. Traders should explore these updates and take advantage from stock market investment. Epic Research provides right way to the traders of stock market by offering live market updates.

BIGPROFITBUZZ said...

#Performance of the Day (23rd Aug 2016)

#Equity Profit Buzz Performance (23rd Aug 2016)
1. CIPLA (Profit Rs 3/share)
2. RELINFRA (Loss Rs 6/Share)

#Derivative Profit Buzz Performance (23rd Aug 2016)
1. CIPLA (Profit Rs 3000/Lot)
2. RELINFRA (Loss Rs 7800/Lot)

#Nifty Profit Buzz Performance (23rd Aug 2016)
1. BANKNIFTY (Profit Rs 2800/Lot)
2. NIFTY (Profit Rs 1500/Lot)

#Option Profit Buzz Performance (23rd Aug 2016)
1. RELINFRA 620CE Sept (Pending)

#Jackpot Profit Buzz Performance (23rd Aug 2016)
1. YESBANK (Exit Cost to Cost)

#Multi Profit Buzz Performance (23rd Aug 2016)
1. CIPLA (Profit Rs 3/share & Rs 3000/Lot)
2. RELINFRA (Loss Rs 6/Share & Rs 7800/Lot)
3. BANKNIFTY (Profit Rs 2800/Lot)
4. NIFTY (Profit Rs 1500/Lot)
5. RELINFRA 620CE Sept (Pending)
www.Bigprofitbuzz.com

Aaliya Dubey said...

Sensex, Nifty close rangebound session on flat note; Idea up 7%
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