Softening of US treasury yields, weak domestic liquidity attract firms to yield-chasing offshore market
Earlier this week, the central bank had conducted a similar open market operations (OMO) and purchased securities worth Rs 10,000 crore and sold worth Rs 6,825 crore
The valuations of Reliance Retail have been arrived at using both discounted cash flow method as well as market capitalisation of comparable companies in the listed space
Sectorally, all the indices on the NSE, barring Nifty Metal index (up 0.58 per cent), closed the day in the negative territory
Avadh Sugar & Energy, Uttam Sugar Mills, Triveni Engineering & Industries, Mawana Sugars, Shree Renuka Sugars and Dhampur Sugar Mills were up in the range of 4 per cent to 7 per cent on the BSE.
All that happened in the markets today
Within the markets segments, they do not forecast a major underperformance by the mid-caps in 2020 given the valuation comfort
Receding global trade war fears, continuity of government policies, benefits of low-tax for corporates, good monsoon, and low-interest rate regime will turn sentiment around in 2020
Here's how key indices look on the technical charts.
In the past 10 trading days, the stock has rallied 54 per cent from the level of Rs 18.39, hit on December 11, as compared to 2.5 per cent rise in the S&P BSE Sensex during the same period
In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24.
Igarashi Motors, Sterling Tools, Rane (Madras), Rane Brake Lining, Rane Holdings, Sundaram Brake Linings, India Nippon Electricals and Lumax Auto Tech rallied up to 20% on the BSE on Thursday.
In September, the Calcutta High Court had restrained the company from transferring, alienating or encumbering any of its assets till the application filed by IL&FS was disposed of.
Motilal Oswal Asset Management Company Limited sold 812,573 equity shares of the company at Rs 73.62 apiece on the BSE on Tuesday through bulk deal.
In H1FY20 (April-September), the group won bids for 130 MW wind and 600 MW Hybrid.
Domestic mutual funds pumped in Rs 52,850 crore in equities during CY19
The report added that the consortium of lenders, led by the State Bank of India, granted the permission to resume lending in October.
Gaps are areas on a technical chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between
Here's a look at the top stocks that may remain in focus today
Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.