2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN EQUITY BENCHMARK ended at their lowest level in over two weeks as investors booked profits ahead of the two- day US Fed meet which could provide cues of an interest rate hike in the US. Further, selling by foreign funds in the previous session also weighed on market sentiment.
Further, Yes Bank fell 4.12% after Morgan Stanley Capital International excluded the stock from its standard and mid- cap indexes.
Colgate-Palmolive rose 2.90%, after a foreign brokerage reportedly upgraded the stock to 'outperform' from 'underperform.'
Asian stock markets ended weak with Japanese shares ending their five-day winning streak on caution ahead of the US Federal Reserve policy meet.
European stocks were lower, as investors remained cautious ahead of the Federal Reserve's upcoming policy statement, as well as the vote on Scottish independence scheduled on Thursday.
U.S. stocks market futures poised for a lower opening at the Wall Street on Tuesday.
8042.00 ASIAN MARKET
2035.82 SECTORIAL INDICES
S&P CNX 500
-2.00 TOP GAINERS
0.30 TOP LOSERS
3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
BUY ON DIPS PIVOT POINTS
8207 NIFTY SUPPORT RESISTANCE
R2-8075 BANK NIFTY FUTURE TREND STRATEGY
BUY ON DIPS PIVOT POINTS
16709 BANK NIFTY SUPPORT RESISTANCE
0.18 MARKET MOVERS DOWNSIDE
[2.1] FII & DII ACTIVITY
NET BUY (CR.)
NET SELL (CR)
1579.24 NSE TOTALS
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
demerger of the insurance products and services business into a separate listed company.
ONGC slumps 3% on divestment plan
Shares of Oil and Natural Gas Corporation dipped 3%, extending its three-day’s fall, after the government cleared 5% disinvestment in oil major. On September 10, the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, had cleared the ONGC stake sale proposal.
Hero MotoCorp signs MoU with Government of Andhra Pradesh
Hero MotoCorp announced that the Company on 16 September 2014 has entered into a Memorandum of Understanding (MOU) with the State Government of Andhra Pradesh to set-up a manufacturing plant in Chittoor district of the state of Andhra Pradesh. The plant with an investment of Rs1600 crore approx will have a production capacity of around 1.8 million p.a.
Cox and Kings closed 6% up on fund raising plans
Shares of Cox and Kings moved higher by 10% in otherwise weak markets, extending its previous day’s 5% rally, on reports that the leisure travel arranger is planning to raise about Rs300-350 crore via qualified institutional placements. The company aims to become one of the largest leisure travel players globally and is also keen to expand its education tourism business in the other geographies.
Piramal Enterprises stock surges 4%
Shares of Piramal Enterprises Ltd closed 4% higher on reports that German firm DiaSys Diagnostic Systems GmbH has agreed to buy diagnostic solutions business from Ajay Piramal-led Piramal Enterprises Ltd for an undisclosed amount.
Tata Motors was down nearly 3%
Shares of Mastek are roaring with hefty gains after it announced
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