27 May 2017 | 8:00 PM
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Equity Research Report: Religare Morning Digest

Market Outlook for the day – Nifty has closed below important support of 7580 level. Till it is sustaining below the same, we expect decline to continue.
16 Jun 2014 | 07:00 AM

Highlights for Today

Market Outlook for the day Nifty has closed below important support of 7580 level. Till it is sustaining below the same, we expect decline to continue.


Corporate News:

L&T’s construction division has secured new orders worth Rs 1027 crore across various business segments in May and June 2014.

JMT Auto was locked at 5% upper circuit on BSE, with the stock extending recent rally as the company's board approved issue of bonus shares in the ratio of 5:2.

Bharat Heavy Electricals has successfully commissioned a 68 megawatts hydro power plant of SJVN at Rampur.


Market Roundup 

Trading for the last day of the week ended on a weak note as oil rose amid escalating violence in Iraq. BSE Sensex, and the CNX Nifty, both, hit one-week low.  Among BSE sectoral indices Realty and Power were the major loser for the day and its indices closed 5.24% and 3.53% down respectively. Bank index also closed negative. The BSE Mid-Cap index was off more than 2.5%. The BSE Small-Cap index shed over 3%. The market breadth indicating the overall health of the market was weak.