Wednesday, July 3, 2019

MARKET SUMMARY OF 3 JUL 2019


Nifty after a rangebound session closed flat with a positive bias on July 3 as traders eagerly await Union Budget 2019 scheduled to be presented on July 5.The index closed above 11,900 for a second consecutive session after consolidating in a narrow trading band of 11,888 to 11,950 for the most part of the day. Earnings alert Samsung likely to report 60% decline in Q2 profit, lowest in 3 years. Icra downgrades McLeod to default in fourth rating action since April. ICICI inks pact with Indostar Capital to finance commercial vehicles .Indiabulls Fin to buyback NCDs, masala bonds worth Rs 2,705 cr in Sept. PNC Infratech nears record high; stock surges 47% in two months

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