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Market Live: Nifty near 11,600, Sensex up 450 pts after Trump says US-China trade deal may happen soon – Moneycontrol, Moneycontrol.com

Market Live: Nifty near 11,600, Sensex up 450 pts after Trump says US-China trade deal may happen soon – Moneycontrol, Moneycontrol.com


    

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Sep 26, 2019 12: 09 PM IST | Source:Moneycontrol.com

Except IT, all other sectoral indices are trading higher led by the auto, metal, FMCG, energy, infra and pharma. BSE Midcap and smallcap are trading higher.

  • Finance Minister Nirmala Sitharaman to brief media after meeting private banks and financial institutions today a t around 7-7: 30 PM.

  • Rupee at day’s high: The Indian rupee is trading at day’s high level at 70. 87 per dollar on the back of positive trend in the domestic equities.

  • Credit Suisse downgrades Jubilant Foodworks: Shares of Jubilant Foodworks fell 5.5 percent on September 26 after foreign research house Credit Suisse downgraded the stock to underperform from neutral and also cut target to Rs 1, 200 per share.

  • Credit Suisse maintains outperform on L&T: Share price of Larsen & Toubro gained 2 percent on September 26 after global research firm Credit Suisse maintained its outperform rating on the stock with target at Rs 1, 750 per share.

  • Power Mech Projects bags orders worth Rs 115 crore: The company has received letter of intent / work order for the projects worth Rs 115 crore to be completed in 2-3 years.

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  • Buzzing: MOIL jumped over 4 percent on September 26 after HSBC upgraded the stock to buy from hold but has kept the target unchanged at Rs 180 per share. The firm believes that the company is supported by healthy margins from low-cost operations.

  • NHPC signed MoU with Himachal Pradesh government for project worth Rs 4, (crore.)

             

                                 

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