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  • 3rd FEB 2016

  • Husains

    MARKET WRAP

    Dragged by European markets, the Sensex ended down 285.83 points or 1.1 percent

    at 24539. The Nifty closed down 100.40 points or 1.3 percent at 7455.55. About 859

    shares advanced, 1839 shares declined, and 109 shares were unchanged.

    Tata Steel, NTPC, BHEL, Hindalco and Cipla were major losers while Bharti Airtel,

    Bajaj Auto, Lupin and Wipro were gainers in the Sensex.

    BROAD MARKET INDICES

    INDEX P. CLOSE OPEN HIGH LOW CLOSE %CHANGE

    NIFTY 50 7,555.95 7,566.65 7,576.30 7,428.05 7,455.55 -1.33%

    NIFTY NEXT 50 18,466.15 18,507.55 18,529.60 18,043.45 18,098.60 -1.99%

    NIFTY100 LIQ15 2,779.20 2,786.20 2,788.45 2,709.95 2,717.85 -2.21%

    NIFTY MIDCAP 50 3,086.15 3,091.00 3,121.25 3,036.20 3,086.15 -1.35%

    Contact No. +91-903-977-7700 www.moneyclassicresearch.com

  • ASIAN INDEXES

    INDEX OPEN HIGH LOW CLOSE %CHANGE

    NIKKEI 225 17,716.52 17,864.70 17,684.66 17,750.68 -0.64%

    HANG SENG 19,474.87 19,628.57 19,403.49 19,446.84 -0.76%

    TAIWAN 8,141.52 8,156.25 8,091.14 8,131.24 -0.32%

    SSE 2,687.98 2,755.16 2,687.98 2,750.45 2.29%

    INDIAN MAJOR SECTORAL INDICES

    INDEX P. CLOSE OPEN HIGH LOW CURRENT %CHANGE

    NIFTY BANK 15,314.45 15,353.60 15,463.45 15,018.85 15,068.00 -1.61%

    NIFTY FIN SERVICE 6,429.35 6,439.40 6,480.50 6,326.05 6,344.00 -1.33%

    NIFTY PHARMA 11,742.75 11,793.70 11,811.00 11,398.75 11,425.75 -2.70%

    NIFTY IT 11,305.25 11,325.75 11,377.95 11,182.50 11,242.10 -0.56%

    Contact No. +91-903-977-7700 www.moneyclassicresearch.com

  • STOCK UPDATE

    VRL Logistics Shares Slump on Q3 Profit Drop

    VRL Logistics shares fell as much as 6 per cent on Tuesday after the Hubballi,

    Karnataka-based company reported its first ever decline in quarterly profit since

    listing in April 2015.

    VRL Logistics' net profit declined 1.5 per cent to Rs 24.7 crore, while revenues were

    flat at Rs 431 crore in the December quarter.

    VRL logistics shares are up 92 per cent since the issue price of Rs 205. The stock

    emerged as a favourite of investors on hopes of nation-wide rollout of Goods and

    Services Tax from April 1, 2016.However, the stock has corrected sharply as the GST

    bill got stuck in Parliament. VRL logistics shares have fallen nearly 17 per cent from

    their high of Rs 478.7 to Rs 395 as of Monday.

    .

    Contact No. +91-903-977-7700 www.moneyclassicresearch.com

  • Aurobindo gets USFDA nod for epilepsy, arthritis

    drugs

    on Tuesday said it has received final approval from the US health regulator for

    generic versions of Levetiracetam injection used for treating epilepsy as well as anti-

    arthritis drug Celecoxib.

    The approval for single-dose vials of Levetiracetam injection from the US Food and

    Drug Administration (USFDA) is bioequivalent and therapeutically equivalent to the

    reference listed drug product, Keppra Injection, 500 mg/5 mL (100 mg/mL), of UCB,

    Inc, Aurobindo Pharma said in a BSE filing

    Contact No. +91-903-977-7700 www.moneyclassicresearch.com