Dear Millionaires, Market Update is a new playlist in our MMM channel introduced to cover the important data like previous day chart, results, top stocks, dividend and break out stocks for trading with ease.
News Corner
•MARKET Sensex ends 8 points lower at 37,973 after a trading range of 400 pointsNifty slips 5 points to 11,222 & Midcap Index 25 points to 16,974
•Nifty Bank fails the most amongst frontliners; closes 254 points lower at 21,411
•Silver futures rise 0.5% to Rs 60,700 per kg on strong demand from Chinese economy improving
•Hero MotoCorp higher for 3rd straight day on reports of Harley Davidson agreement
• GMR Infrastructure board to consider raising up to Rs 350 crore via NCDs on October 3
•Zydus Wellness raises Rs 650 crore through issuance of shares to QIBs1.12 percent higher to Rs 1,861.30 per share on the NSE.
•Steel Strips Wheels share price rises 2% on export orders win
•Prime Focus share price gains 3% as DNEG plans to raise $375 million
•Shalby share price up 6% as board approves reducing promoter shareholding
• Defence stocks rise after govt tweaks offset policy for military equipment deals Hindustan Aeronautics gained 2.6 percent to Rs 798.65,.
•BLS International Services The stock gained 4 percent after the company announced its most recent contract win from the Republic of Estonia
•Shree Cement The stock added over a percent after the company approved setting up of a Clinker Unit at Baloda Bazar, Raipur in Chhattisgarh with capacity upto 12,000 Tons Per Day (TPD) for an investment of around Rs 1,000 crore.
•Dr Lalchandani Labs The stock price was up 3 percent after the company decided to further expand current testing capacities with installation of additional high throughput machine, automatic systems, hiring of additional manpower and increased working hours to 24*7.
•Ceat The share price jumped 6 percent after the company plans to raise up to Rs 500 crore via non-convertible debentures (NCDs)
•Hindustan Zinc The stock ended in the green after the board of directors of the company approved allotment of 35,200 rated, listed, unsecured, redeemable, non-convertible debentures bearing a face value of Rs 10 lakh each, aggregating to Rs 3520 crore on private placement basis.
•Jet Airways The stock price jumped 5 percent after the Committee of Creditors of the insolvent airline on September 28
•Kalpataru Power Transmission The share price added a percent after the company said the firm and its joint venture partner have completed 74 percent equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid
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