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Monday 5 August 2019

CAPITALSTARS MONDAY MARKET WRAP UP NEWS UPDATE : 05 AUGUST 2019

CapitalStars Investment Adviser

Closing Bell: Nifty ends above 10,800 after slipping below this level for the 1st time since Feb 27

Indian indices ended on negative note but off day's low on August 5 amid government decided to withdraw Article 370 from J&K.

Jammu and Kashmir will be a Union Territory with a legislature, while Ladakh region will be a Union Territory without a legislature, according to the government's plan for J&K, said Amit Shah.

At close, the Sensex was down 418.38 points at 36,699.84, while Nifty was down 134.80 points at 10,862.60. About 742 shares have advanced, 1659 shares declined, and 138 shares are unchanged. 

Bharti Airtel, Tech Mahindra, Coal India, TCS and Bajaj Auto were among major gainers on the Nifty, while losers include Yes Bank, UPL, Tata Motors, Power Grid Corp and Grasim Industries.

RIL subsidiary RIIHL to acquire software firm Fynd

Nestle up 3% on plans to set up 9th factory in India at Sanand, Gujarat

BHEL commissions additional 116MW pumping unit in Telangana

Natco Pharma reports successful completion of USFDA inspection; stock trades flat.

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