Transcript

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%

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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%

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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.

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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

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