2. Husains
MARKET WRAP
Dragged by European markets, the Sensex ended down 285.83 points or 1.1 percent
at 24539. The Nifty closed down 100.40 points or 1.3 percent at 7455.55. About 859
shares advanced, 1839 shares declined, and 109 shares were unchanged.
Tata Steel, NTPC, BHEL, Hindalco and Cipla were major losers while Bharti Airtel,
Bajaj Auto, Lupin and Wipro were gainers in the Sensex.
BROAD MARKET INDICES
INDEX P. CLOSE OPEN HIGH LOW CLOSE %CHANGE
NIFTY 50 7,555.95 7,566.65 7,576.30 7,428.05 7,455.55 -1.33%
NIFTY NEXT 50 18,466.15 18,507.55 18,529.60 18,043.45 18,098.60 -1.99%
NIFTY100 LIQ15 2,779.20 2,786.20 2,788.45 2,709.95 2,717.85 -2.21%
NIFTY MIDCAP 50 3,086.15 3,091.00 3,121.25 3,036.20 3,086.15 -1.35%
Contact No. +91-903-977-7700 www.moneyclassicresearch.com
3. ASIAN INDEXES
INDEX OPEN HIGH LOW CLOSE %CHANGE
NIKKEI 225 17,716.52 17,864.70 17,684.66 17,750.68 -0.64%
HANG SENG 19,474.87 19,628.57 19,403.49 19,446.84 -0.76%
TAIWAN 8,141.52 8,156.25 8,091.14 8,131.24 -0.32%
SSE 2,687.98 2,755.16 2,687.98 2,750.45 2.29%
INDIAN MAJOR SECTORAL INDICES
INDEX P. CLOSE OPEN HIGH LOW CURRENT %CHANGE
NIFTY BANK 15,314.45 15,353.60 15,463.45 15,018.85 15,068.00 -1.61%
NIFTY FIN SERVICE 6,429.35 6,439.40 6,480.50 6,326.05 6,344.00 -1.33%
NIFTY PHARMA 11,742.75 11,793.70 11,811.00 11,398.75 11,425.75 -2.70%
NIFTY IT 11,305.25 11,325.75 11,377.95 11,182.50 11,242.10 -0.56%
Contact No. +91-903-977-7700 www.moneyclassicresearch.com
4. STOCK UPDATE
VRL Logistics Shares Slump on Q3 Profit Drop
VRL Logistics shares fell as much as 6 per cent on Tuesday after the Hubballi,
Karnataka-based company reported its first ever decline in quarterly profit since
listing in April 2015.
VRL Logistics' net profit declined 1.5 per cent to Rs 24.7 crore, while revenues were
flat at Rs 431 crore in the December quarter.
VRL logistics shares are up 92 per cent since the issue price of Rs 205. The stock
emerged as a favourite of investors on hopes of nation-wide rollout of Goods and
Services Tax from April 1, 2016.However, the stock has corrected sharply as the GST
bill got stuck in Parliament. VRL logistics shares have fallen nearly 17 per cent from
their high of Rs 478.7 to Rs 395 as of Monday.
.
Contact No. +91-903-977-7700 www.moneyclassicresearch.com
5. Aurobindo gets USFDA nod for epilepsy, arthritis
drugs
on Tuesday said it has received final approval from the US health regulator for
generic versions of Levetiracetam injection used for treating epilepsy as well as anti-
arthritis drug Celecoxib.
The approval for single-dose vials of Levetiracetam injection from the US Food and
Drug Administration (USFDA) is bioequivalent and therapeutically equivalent to the
reference listed drug product, Keppra Injection, 500 mg/5 mL (100 mg/mL), of UCB,
Inc, Aurobindo Pharma said in a BSE filing
Contact No. +91-903-977-7700 www.moneyclassicresearch.com