The Indian stock market is modestly higher Friday morning,
amid cautious moves by investors. Despite overnight weakness on Wall Street,
Asian markets are mostly higher, lifting sentiment on the Indian bourses.
Bargain hunting at some counters after previous session's setback is also
aiding the up move in opening trades. Get more current market updates visit now www.capitalheight.com or get our expert advice for bumper returns give Missed Call on 98933-58233
Caution ahead of some key earnings reports and the market regulator SEBI's decision to impose tighter rules on investments through Participatory Notes route appear to be capping the market's upside.
The BSE benchmark Sensex is up 88.96 points or 0.35% at 25,488.68, while the Nifty50 of the National Stock Exchange is up 23.15 points or 0.3% at 7806.55.
Keeping a
vigilant eye on every movement of stocks can be sure your investment is safe.
Here we are told in the news today, and that such shares will be the market's
eye.
MRO-TEK:-
MRO-TEK's open offer for a stake in three companies is approaching. Rs 42 per share will be 26 per cent open offer.
MRO-TEK's open offer for a stake in three companies is approaching. Rs 42 per share will be 26 per cent open offer.
Shobha:-
Shobha’s board approved the buyback at Rs 330 per share has been received. 75.08 crore would buy back the shares.
Shobha’s board approved the buyback at Rs 330 per share has been received. 75.08 crore would buy back the shares.
Maruti Suzuki:-
Maruti Suzuki has announced the recall of 20,000 S-Cross cars. Maruti Suzuki has decided to recall the disturbances in the brake system.
Maruti Suzuki has announced the recall of 20,000 S-Cross cars. Maruti Suzuki has decided to recall the disturbances in the brake system.
Aurobindo Pharma :-
FIPB meeting will be held at 2:30 pm today. The meeting of the FIPB, Aurobindo Pharma, Mylan Labs, Vodafone India, Holcim and Reckitt Bekinsr decision on the proposals is expected.
FIPB meeting will be held at 2:30 pm today. The meeting of the FIPB, Aurobindo Pharma, Mylan Labs, Vodafone India, Holcim and Reckitt Bekinsr decision on the proposals is expected.
Spice Jet:-
In the fourth quarter of fiscal year 2016, net profit of 3.25 times to Rs 73
crore, the airline said. Spice Jet’s net profit in the fourth quarter of fiscal
year 2015 was 22.5 million.
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Nifty Tips
The market has ended with heavy losses. The Nifty ended below 7850, down 33.70 points or 0.4 percent. The Sensex is down 97.82 points or 0.4 percent at 25301.90.
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