X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
Investing in India? Get Equitymaster Research  
Indian stock markets sustain early gains 
(Mon, 22 Dec 01:30 pm) 
 
Indian stock markets continued to hold on to the early morning gains in the post-noon trading session. power & Realty stocks are trading are the biggest gainers today while IT stocks are trading in the red.

BSE-Sensex is up 52 points and NSE-Nifty is trading 16 points up. BSE Mid Cap is trading 0.44% up and BSE Small Cap index is trading up by 0.26%. The rupee is trading at 63.17 to the US dollar.

Engineering stocks are trading mixed today with Suzlon Energy and Elecon Engineering leading the gains. However, Jyoti Structure and AIA Engineering were trading weak. Crompton Greaves opened with healthy gains today after it bagged an order from one Belgian company called Northwind. The company will provide operation & maintenance (O&M) services for the 216 MW wind farm offshore substation of Northwind. It may be noted that this contract complements another contract that Crompton had bagged earlier from Belwind, a sister company of Northwind. Post this new contract, Crompton has garnered a 60% share in offshore substation O&M contracts in Belgium.

Real Estate & Construction stocks are trading mixed with Supreme Infrastructure and IVRCL leading the gains. DLF is planning to monetize commercial assets worth Rs 30 bn to overcome liquidity concerns. Big investors like GIC of Singapore, Blackstone etc are being approached by DLF to off load some part of its commercial inventory which stands at 30 m square feet spread across cities in India. Considering that the company is facing SEBI ban on raising funds from capital markets if it is able to get a good deal on its rent yielding portfolio concerns over liquidity may get allayed to an extent.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives  RSS
Read the latest Market Commentary
 
BSE-30
 

 
Go
 

Equitymaster requests your view! Post a comment on "Indian stock markets sustain early gains". Click here!

  
 

Become A Smarter Investor In
Just 5 Minutes

Multibagger Stocks Guide 2017
Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE CAPITAL GOODS


Jul 21, 2017 (Close)

S&P BSE CAPITAL GOODS 5-YR ANALYSIS

COMPARE COMPANY

MARKET STATS