Thursday, May 9, 2019

MARKET SUMMARY OF 09 MAY 2019

FOR FREE TRIAL FILL THE FORM>>>>
Selling was seen in sectors like energy, telecom, power, metals, and oil & gas while buying was seen in IT, consumer durables and auto index..Closing Bell: Nifty ends at 11,300, Sensex falls 230 pts; LIC raises stake in 35 companies, reduces holding in 70.RBL Bank, ICICI Lombard among 4 stocks eligible for inclusion in MSCI India index.In the broader market, Nifty Midcap and small caps were trading flat with a negative bias with both the indices trading 0.01 and 0.11 per cent lower, respectively. BUZZING STOCKS.Shares of YES Bank fell about 2.5 per cent to Rs 157 on the BSE during the early morning trade on Thursday after rating agency India Ratings  downgraded the bank’s long-term ratings even as it reaffirmed the short term rating. Avadh Sugar & Energy shares surged 13 per cent to Rs 518 in early morning trade on the BSE on Thursday after the company announced that the board will meet on Monday (May 13) to consider maiden bonus issue. Shares of 63 Moons Technologies (formerly known as Financial Technologies India) were locked in upper circuit for the seventh straight trading day after surging 10 per cent to Rs 184, also its 52-week high on the BSE in an otherwise weak market. 

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