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Market Live: Nifty holds 10,800 amid choppy trade; auto, pharma under pressure – Moneycontrol.com, Moneycontrol.com

Market Live: Nifty holds 10,800 amid choppy trade; auto, pharma under pressure – Moneycontrol.com, Moneycontrol.com


    

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Sep 18, 2019 (*************************************************************************************************************************************************************: 07 AM IST | Source:Moneycontrol.com

On the sectoral front, buying seen in the auto, oil & gas, metal, pharma, energy and infra, while FMCG and IT indices are trading lower.

  • Rupee trades higher: The Indian rupee is trading higher by 31 paise at 71. 47 per dollar against previous close 71.

  • SEBI restrains Gautam Thapar from accessing the securities market and prohibits him from buying, selling or otherwise dealing in securities in any manner whatsoever, directly or indirectly, till further orders.

  • Buzzing: Shares of Gujarat Alkalies and Chemicals rose 2.5 percent to Rs 481. (on September) after the company completed the commissioning of its (MW AC solar power plant in Gujarat’s Charanka.)

  • Ashoka Buildcon said the management of the company will be meeting a group of investors / analysts today at Nashik.

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    Nifty Holds 10, 800:

    Benchmark indices traded with moderate gains in morning, driven by short covering in beaten down stocks in previous two sessions .

    The Sensex gained 95. 42 points at 36, 576. 51 And the Nifty rose 21. 10 points to 10, 838. 70. About 914 shares advanced against 776 declining shares on the BSE.

  • Attractive Valuations Leading to Interest Revival in Midcaps, says Invesco MF

    Invesco Mutual Fund’s Taher Badshah speaks to CNBC-TV 18, says need to play the consumption theme in India via some other sector than autos. Here’s morepic.twitter.com/ (LeLNoe0e)

    – CNBC-TV 18 @CNBCTV (Live)September 18, 2019

  • (Bajaj Finance to raiss Rs 8,) CR via QIP: Shares of Bajaj Finance rose 2.5 percent on September 18 after the company’s board, in its meeting held on September 17, approved raising of capital through a qualified institutions placement (QIP) for an aggregate amount not exceeding Rs 8, 500 crore by issue of equity shares and / or eligible securities.

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