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19
January 2017
Indian equities markets closed on a
flat-to-positive note on Thursday as profit booking, coupled with a weakened
rupee and caution ahead of the European Central Bank's policy meet capped
gains. However, hopes of healthy third-quarter (Q3) results kept investors'
sentiments buoyed. The wider 51-scrip Nifty of the National Stock Exchange
(NSE) rose by 18.10 points or 0.22%, to 8,435.10 points. The Sensex touched a
high of 27,348.19 points and a low of 27,219.89 points during the intra-day
trade.
The Total Investment & Insurance Solutions
The trends of the major indices in
the course of Thursday’s trading are given in the table below:
 |
Major Indices (The Total
Investment & Insurance Solutions)
The BSE market breadth was marginally
tilted in favour of the bulls - with 1,422 advances and 1,310 declines. Nifty
continued range bound movement while Sensex remained volatile post afternoon.
On Wednesday, broadly positive global indices and inflow of foreign funds
buoyed the benchmark indices.The Total Investment & Insurance
Solutions
Auto and FMCG posted 0.7% and 0.45%
gains driven by Tata Motors DVR, Eicher Motors which gained more than 2% in the
Auto space while ITC closed up by more than 1% in the FMCG space. On the
contrary, Pharma tumbled the most with Auro Pharma and Lupin tumbling nearly
1.5%.
The Total Investment & Insurance Solutions
GAIL surged 5.3% as a meeting of the
board of directors is scheduled on January 25 to consider issuance of bonus
shares and fund raising by issuance of bonds on private placement basis.
Orient Green Power gained 11.5% as a
media report indicated that Infrastructure Leasing and Financial Services
(IL&FS) is in advanced talks to merge its wind energy assets with a
Chennai-based company. The Total Investment & Insurance Solutions
The top gainers and top losers of
the major indices are given in the table below:
 |
Top Gainer (The Total
Investment & Insurance Solutions)
Globally, investors also awaited
Friday's inauguration of Donald Trump as US President. Trump will be speaking
at a pre-inauguration event later Thursday. European indices erased early
gains, as investors were cautious ahead of the interest rate announcement by
the European Central Bank, after its meet, later on Thursday. Zodiac Aerospace
jumped 21.6% after France's Safran offered $ 9 billion to buy the aircraft seat
manufacturer. Shares of Safran gained 1.7%.
The closing values of the major
Asian indices are given in the table below:The Total Investment
& Insurance Solutions
 |
| Asian Indices (The Total Investment & Insurance Solutions) |
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