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4th FEB 2016

Husains

MARKET WRAP

The market has ended at lower levels, falling 2.6 percent in last three sessions. The

Sensex closed down 315.68 points or 1.3 percent at 24223.32, and the Nifty slipped

93.75 points or 1.3 percent at 7361.80. About 593 shares have advanced, 2075

shares declined, and 95 shares are unchanged.

HUL, TCS and Bajaj Auto were top gainers while BHEL, Tata Steel, NTPC, ICICI Bank

and Axis Bank were major losers.

BROAD MARKET INDICES

INDEX P. CLOSE OPEN HIGH LOW CLOSE %CHANGE

NIFTY 50 7,455.55 7,392.45 7,419.40 7,350.30 7,361.80 -1.26%

NIFTY NEXT 50 18,098.60 17,925.55 18,039.40 17,824.30 17,859.55 -1.32%

NIFTY100 LIQ15 2,717.85 2,692.15 2,697.65 2,664.35 2,668.30 -1.82%

NIFTY MIDCAP 50 3,086.15 3,007.35 3,009.40 2,961.90 2,965.65 -2.59%

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ASIAN INDEXES

INDEX OPEN HIGH LOW CLOSE %CHANGE

NIKKEI 225 17497.41 17515.68 17080.57 17191.25 -3.15%

HANG SENG 18910.88 19032.71 18764.82 18991.59 -2.34%

TAIWAN 8117.22 8117.22 8036.60 8063.00 -0.84%

SSE 2719.57 2746.07 2696.88 2739.85 -0.35%

INDIAN MAJOR SECTORAL INDICES

INDEX P. CLOSE OPEN HIGH LOW CURRENT %CHANGE

NIFTY BANK 15,068.00 14,897.40 14,947.80 14,777.75 14,834.05 -1.55%

NIFTY FIN SERVICE 6,344.00 6,284.40 6,285.20 6,233.65 6,244.20 -1.57%

NIFTY PHARMA 11,425.75 11,399.20 11,487.95 11,318.85 11,343.90 -0.72%

NIFTY IT 11,242.10 11,179.75 11,218.45 11,065.80 11,122.25 -1.07%


STOCK UPDATE

Suzlon Energy Shares Post Biggest Intraday Fall in

Three Years

Suzlon Energy shares crashed 19 per cent today to hit a fresh 52-week low.

Wednesday's fall is the biggest for Suzlon since February 28, 2013, when shares in

the wind turbine maker ended 34 per cent lower at Rs 16.

Suzlon shares were headed for their third straight fall following the company's

quarterly earnings announcement on Friday. The stock has shed 32 per cent over the

three-day period.

Suzlon posted a net loss of Rs 113 crore in the December quarter, while its revenue

plunged 62 per cent to Rs 1,891 crore. Suzlon missed revenue estimates by over Rs

150 crore, according to analysts polled by Thomson Reuters.


Bajaj Finance Q3 Net Up 58% at Rs 408 Crore

Bajaj Finance on Wednesday reported 58 per cent jump in net profit at Rs 408 crore

for the quarter ended December on higher operating income.

The company's net profit stood at Rs 258 crore during the corresponding quarter of

the previous fiscal.

"Total income for the third quarter of 2015-16 is up by 39 per cent to Rs 2,069 crore

from Rs 1,485 crore in the third quarter of 2014-15," the company said in a

regulatory filing.

Its income from operations rose to Rs 1,971.71 crore during the quarter under

review as against Rs 1,416.43 crore in the same quarter last fiscal.
