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Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform – Moneycontrol.com

Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform – Moneycontrol.com


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Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform - Moneycontrol.com - steel, session, sensex, rangebound, nifty, finish, closing
Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform - Moneycontrol.com - steel, session, sensex, rangebound, nifty, finish, closing

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Feb 22, 2019 03:41 PM IST | Supply: Moneycontrol.com

The Sensex was down 26.87 factors at 35871.48, whereas Nifty was up 1.80 factors at 10791.70.

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  • Market Shut: Benchmark indices ended flat on Friday after buying and selling in slender vary all through the day.

    The Sensex was down 26.87 factors at 35871.48, whereas Nifty was up 1.80 factors at 10791.70. About 1602 shares have superior, 906 shares declined, and 148 shares are unchanged. 

    IOC, HPCL, JSW Metal, Vedanta and Sure Financial institution have been the highest gainers on the Nifty, whereas losers embrace Kotak Mahindra Financial institution, GAIL, HDFC Financial institution, Reliance Industries and Cipla.

    Among the many sectors, besides power and financial institution all different sectoral indices led to inexperienced.








  • NBCC baggage order: NBCC (India) Restricted has secured following new orders on PMC foundation

    1.Development of Residential lodging for Institute of Liver and Biliary Sciences (ILBS), New Delhi. 

    2.Development of workplace cum coaching centre for Central Board of Direct Taxes, Saket, New Delhi.








  • Supply: Bloomberg

    Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform - Moneycontrol.com - steel, session, sensex, rangebound, nifty, finish, closing







  • Suzlon Vitality positive factors 22%: Shares of Suzlon Vitality rose greater than 22 p.c on the again of report that Danish agency might purchase controlling stake within the firm.

    Danish agency Vestas is in talks with Suzlon to purchase a controlling stake within the firm, reviews CNBC-TV18, quoting sources.








  • Market Replace: Benchmark indices proceed to commerce in slender vary with Nifty in a position to maintain 10,750 stage.

    At 14:14 hrs IST, the Sensex is down 19.92 factors at 35878.43, whereas Nifty is down 3.40 factors at 10786.50.








  • Credit score Suisse on Eicher Motors: The analysis home maintained impartial name on the inventory with goal at Rs 21,800 per share. In accordance with agency, the state-wise traits is just not too encouraging and inside home bikes, firm misplaced share in virtually all of the states in Q3.








  • PNB will get capital infusion from Govt: The financial institution has obtained Rs 5,908 crore in direction of contribution of Central Authorities within the preferential allotment of fairness shares of the financial institution, as Authorities’s Funding.








  • SBI, PNB might pump in Rs 500 crore in Jet Airways if different lenders agree


    State Financial institution of India (SBI) and Punjab Nationwide Financial institution (PNB) have agreed to offer Rs 500 crore in emergency funding to Jet Airways on a situation that different lenders within the consortium don’t object, The Financial Instances reported.

     

    Learn full story right here.








  • Dr Reddy’s Laboratories positive factors: The audit of firm’s formulations Shrevepmi plant, Louisiana, USA, by the USFDA, has been accomplished with zero observations.








  • Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform - Moneycontrol.com - steel, session, sensex, rangebound, nifty, finish, closing







  • Prabhat Dairy board approves scheme of amalgamation between arm Cheese Land Agro & Co








  • Rupee Replace: The Indian rupee is buying and selling larger at 71.16 per greenback versus earlier shut 71.25








  • Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform - Moneycontrol.com - steel, session, sensex, rangebound, nifty, finish, closing







  • Deutsche Financial institution on Titan Firm: Analysis home maintained purchase score on inventory with a goal at Rs 1,200 per share. Share positive factors are largely from the marriage phase, whereas new marriage ceremony assortment is contributing 32-33% in income phrases, it added.








  • GMR to develop new airport: Shares of GMR Infrastructure gained 2 p.c intraday Friday after firm signed concession settlement to develop a brand new worldwide airport at Greece.

    GMR Airports, a subsidiary of GMR Infrastructure together with Greek companion TERNA Group has signed the concession settlement to develop a brand new worldwide airport of Heraklion at Crete, Greece.








  • Buzzing: Shares of Dynamatic Applied sciences rose 5.5 p.c within the early commerce on Friday as firm signed a MoU with SAAB Applied sciences.

    The corporate has signed a Memorandum of Understanding (MoU) with SAAB Applied sciences with an intent to discover future joint alternatives in business and defence associated work, together with Gripen fighter plane.








  • Bharat Electronics positive factors 2%: Shares rose as a lot as 2 p.c in early commerce after signing an MoU with Nagpur-based JSR Dynamics.

    “The MoU goals at leveraging the person design and manufacturing capabilities of BEL and JSR to develop weapons and lightweight weight cruise missiles,” BEL mentioned in an announcement.








  • Citi on BHEL: Analysis home maintained impartial name and lower goal to Rs 70 from Rs 84 per share. It revises EPS estimates downwards by 8-13% over FY19-21.








  • Market Opens: Benchmark indices opened flat with detrimental bias on Friday with Nifty holding above 10,750 stage.

    At 09:17 hrs IST, the Sensex is down 36.45 factors at 35861.90, whereas Nifty was down 15.10 factors at 10774.80. About 400 shares have superior, 347 shares declined, and 38 shares are unchanged. 

    Bajaj Auto, Maruti Suzuki, ICICI Financial institution, HUL, BPCL, HPCL, IOC, HDFC Financial institution are the highest gainers within the morning, whereas losers is Kotak Mahindra Financial institution.








  • Rupee Opnes: The Indian rupee opened flat at 71.25  per greenback on Friday versus earlier shut 71.25.








  • Market at pre-open: Benchmark indices are flat within the pre-opening commerce with Nifty holding above 10,750 stage.

    At 09:02 hrs IST, the Sensex is up 43.31 factors or 0.12% at 35,941.66, and the Nifty down 1.40 factors or 0.01% at 10,788.50.

    Kotak Mahindra Financial institution down 2 p.c and Jet Airways is up 1 p.c.

Closing Bell: Sensex, Nifty finish a rangebound session flat; steel shares outperform - Moneycontrol.com - steel, session, sensex, rangebound, nifty, finish, closing

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Rakesh Patil

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