Trend today report money classic research

20-JAN-16

Husains

MARKET WRAP The market has ended higher snapping four-day of loss. The Sensex closed up 291.47 points or 1.2 percent at 24479.84, and the Nifty was up 84.10 points or 1.1 percent at 7435.10. About 1730 shares have advanced, 947 shares declined, and 146 shares are unchanged.

Axis Bank, Adani Ports, Tata Motors, L&T and ICICI Bank were top losers while Wipro, M&M, ITC, Coal India and Maruti.

MARKET PERFORMANCE BROAD MARKET INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

CLOSE

%CHANGE

NIFTY 50

7351.00

7,381.80

7,462.75

7,364.15

7,437.65

1.18

NIFTY NEXT 50

18,051.30

18,107.90

18,322.75

17,986.90

18,307.30

1.42

NIFTY100 LIQ15

2,734.75

2,760.95

2,804.35

2,742.20

2,793.90

2.16

NIFTY MIDCAP 50

2,952.65

2,966.25

3,026.65

2,939.45

3,013.15

2.05

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ASIAN INDEXES INDEX

OPEN

HIGH

LOW

CLOSE

%CHANGE

NIKKEI 225

16,902.29

17,088.31

16,812.65

17,048.37

0.54

HANG SENG

19,283.57

19,647.75

19,204.22

19,635.81

2.03

TAIWAN

7,816.45

7,854.88

7,786.77

7,854.88

0.56

SSE

2,914.41

3,012.07

2,906.40

3,008.54

3.15

INDIAN MAJOR SECTORAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

NIFTY BANK

15,020.80

15,086.75

15,338.20

15,086.75

15,290.80

1.80

NIFTY FIN SERVICE

6,283.65

6,308.00

6,414.55

6,308.00

6,404.45

1.92

NIFTY PHARMA

11,095.95

11,124.15

11,263.80

11,095.95

11,228.25

1.19

NIFTY IT

10,984.00

11,052.40

11,064.80

10,873.60

10,972.35

-0.11

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CURRENT %CHANGE

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STOCK UPDATE Autoline Industries to make hospital equipments, stock up 12% Shares of Autoline Industries rallied more than 12 percent intraday Tuesday after the company decided to enter into non-auto sector like hospital equipments and railway & defense businesses.

"Autoline is entering into hospital equipment like special foldable beds, tables, stands etc by using existing infrastructure and available resources," says the auto ancillary company in its filing. To tap non-auto sector with minimum investment, the company is eyeing for business with Indian Railways and Ministry of Defense, it adds. It recently got vendor registration from defense and railway authorities.

Additionally, Autoline is expected to complete establishment of Chennai manufacturing facility by end of February 2016. At 13:13 hours IST, the scrip of Autoline Industries was quoting at Rs 45.40, up Rs 3.55, or 8.48 percent amid high volumes on the BSE.

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Reliance Jio to Raise Rs. 15,000 Crore Via Rights Issue Reliance Industries telecommunications unit said its board had approved a plan to raise Rs 15,000 crore via rights issue of shares to existing shareholders, ahead of an expected launch of its services in the second quarter.

Reliance Jio Infocomm Ltd will be issuing 1500 crore equity shares of Rs 10 each to the shareholders of the company, it said in a statement late on Monday. It did not say how it plans to use the proceeds.

The country's already crowded telecommunications industry is bracing for the arrival of Reliance Jio, which had been due to launch the country's biggest high speed 4G broadband network around December last year.

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