Nifty Midcap added 2.5 percent, the top gainers are Cholamandalam Investment, Dewan Housing Finance, Castrol India, Dish TV, Exide Industries and M&M Financial Services.
928 stocks advanced and 806 declined while 361 remained unchanged on the NSE. On the BSE, 1238 stocks advanced, 1095 declined and 143 remained unchanged.
In 2016, Franklin Templeton India AMC had bought the troubled Jindal Steel and Power Ltd's debt securities from its debt schemes after these papers were downgraded twice earlier that year.
The company achieved highest ever annual production and dispatch at its 9 MTPA pelletization complex at Barbil, Odisha with output of 7.07 MT pellets in the previous financial year, JSPL said in a BSE filing.
The breadth of the market favoured the declines as 720 stocks advanced and 941 declined while 425 remained unchanged. On the BSE, 1,008 stocks advanced, 1,233 declined and 162 remained unchanged.
Trade talks with China are progressing "very well", US President Donald Trump said, as top negotiators from the two countries Thursday began meetings to resolve their tariff war.
The breadth of the market favoured the declines with 714 stocks advancing and 964 declining while 395 remained unchanged. On the BSE, 1050 stocks advanced, 1288 declined and 132 remained unchanged.
The clarification has been given as part of an informal guidance sought by Jindal Steel & Power Ltd (JSPL) regarding the applicability of ICDR (Issue of Capital and Disclosure Requirements) with respect to such warrants.
The breadth of the market favoured the advances with 844 stocks advancing and 658 declining while 534 remained unchanged. On the BSE, 822 stocks advanced, 536 declined and 81 remained unchanged
The breadth of the market favoured the declines with 419 stocks advancing and 1229 declining while 406 remained unchanged. On the BSE, 696 stocks advanced, 1555 declined and 129 remained unchanged.
The breadth of the market favoured the declines with 577 stocks advancing and 1093 declining while 390 remained unchanged. On the BSE, 904 stocks advanced, 1529 declined and 164 remained unchanged.
The breadth of the market favoured the declines with 639 stocks advancing and 857 declining while 549 remained unchanged. On the BSE, 723 stocks advanced, 815 declined and 86 remained unchanged.
The following article is an initiative of JSPL and is intended to create awareness among readers
Axis Securities expects steel sales volume at 1.3 million tonnes, up 8% QoQ and 53% YoY due to capacity ramp-up.
State-run SAIL, Rashtriya Ispat Nigam Ltd (RINL), Tata Steel, Essar Steel, JSW Steel and Jindal Steel and Power Ltd (JSPL) together produced 5.23 MT during July. This was 9.48 percent more compared to 4.78 MT the six players had produced in July 2017.
JSPL had set up a rail mill at its Raigarh plant in 2003 to become the second player after SAIL to produce rails in India.
Jindal Steel and Power (JSPL) Chairman Naveen Jindal today informed during a conference that his company has received 20 per cent of the tender floated by the Railways.
“A breach above 10,780 is a foremost condition for unfolding the next leg of the upmove towards 10,810 and 10,840 levels,” says Jaydeb Dey of Stewart & Mackertich Wealth Management
The breadth of the market favoured advances, with 1146 stocks advancing, 547 declining and 356 remaining unchanged. On BSE, 1537 stocks advanced, 948 declined and 152 remained unchanged.
Naveen Jindal talks about, among other things, his plan to keep working on cutting his company’s debt by Rs 5,000 crores to Rs 6,000 crore for three consecutive years and listing JSPL’s Oman unit.
The market breadth was in favour of the declines with 753 stocks advancing while 834 declined and 442 remained unchanged. On the other hand, in the BSE, 937 stocks advanced and 961 declined and 78 remained unchanged.
82 stocks hit new 52-week low including names like Ambuja Cements, Capital First, Idea Cellular, IDFC Bank and Vakrangee among others.
The market breadth was in favour of the advances with 844 stocks advancing while 728 declined and 458 remained unchanged. On the other hand, in the BSE, 1057 stocks advanced and 777 declined and 93 remained unchanged.
“Nifty might get into consolidation in the price band of 10,600 to 10,740.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
The market breadth was in favour of the declines with 568 stocks advancing while 1154 declined and 321 remained unchanged. On the other hand, in the BSE, 974 stocks advanced and 1637 declined and 118 remained unchanged.