Tuesday, 26 September 2017

MARKETS EXTEND LOSSES FOR 6TH SESSION IN A ROW; NIFTY END FLAT ON TUESDAY

The Sensex today dropped by 27 points to end at a nearly one-month low of 31,599, extending its losing streak for the sixth day with no let-up in selling by foreign funds amid weak Asian markets. Sensex ended lower by 26.87 points, or 0.08 per cent, at 31,599. after shuttling between 31,693 and 31,455. Nifty settled a shade lower by 1.10 points, or 0.01 per cent, at 9,871. During the session, it moved between 9,891 and 9,813. IFCI Ltd rose 3.5% to Rs 23. Aviation stocks fell after Brent crude hit highest level since July 2015. Jet Airways India Ltd declined 3%, SpiceJet Ltd fell 3%. Deep Industries Ltd rose 10% to Rs 234. Madhucon Projects Ltd rose 7% to Rs 28 Avenue Supermarts Ltd surged 9% to Rs 1122. 
GLOBAL MARKET:
Asian currencies were trading lower. South Korean won was down 0.36%, Indonesian rupiah 0.2%, Philippines peso 0.17%, Malaysian ringgit 0.15%, Thai baht 0.15%, Taiwan dollar 0.08%. However, Japanese yen was up 0.1%, Singapore dollar 0.05%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 92.574, down 0.08% from its previous close of 92.648.
TOP GAINERS:
Company
Group
Current Price
% Change
Ador Welding Ltd.
B
440.65
+ 13.70
Indiabulls Ventures
B
244.45
+ 11.04
Apex Frozen Foods
B
291.70
+ 9.99
Graphite India Ltd.
B
362.05
+ 9.70
Eros International M
B
221.75
+ 9.40
ITI
B
144.55
+ 9.30
Esab India
B
785.00
+ 9.16
Jindal Stainless
B
114.95
+ 8.70
TOP LOSERS:
Company
Group
Current Price
% Change
TV Today Network Ltd
B
371.80
-10.00
Sri Adhikari Bro
B
95.40
-4.98
KIOCL
B
183.95
-4.98
Rushil Decor Ltd.
B
957.40
-4.85
SMS Lifesciences Ind
B
489.00
-4.82
Spicejet Ltd.
B
136.40
-4.78
J Kumar Infraproject
B
205.00
-4.72

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