Nifty hits fresh high | Trade Nivesh

Trade Nivesh | Crosses earlier level of 12,293.90 hit on Dec 20, 2019




All the sectoral indices are trading higher led by the IT, auto, pharma, metal and bank.

SBI keeps lending rates unchanged: State Bank of India share price gained 2 percent after bank has kept its lending rates unchanged in the range of 7.65-8.20 percent.

Strategic Disinvestment of BEML: DIPAM, Govt of India intimated the company that M/s. CBRE South Asia Pvt. Ltd. and M/s. JLL Property Consultants (India) Pvt. Ltd. have been appointed as consultancy firms for monetization of identified assets of BEML.

Market Update: The continues buying on the second consecutive day helping the Nifty to trade near the record high level of 12,293.90.

At 11:15 hrs IST, the Sensex is up 237.39 points or 0.57% at 41689.74, and the Nifty up 71.30 points or 0.58% at 12287.20.

Authorised capital of IOB increases: The Central Government after consultation with the Reserve Bank of India, hereby increases the authorised capital of Indian Overseas Bank from Rs 5,000 crore to Rs 25,000 crore.

Rupee near day's high: The Indian rupee is trading near day's high level at 71.09 per dollar, up 12 paise from its Thursday's close of 71.21.

CAMS files for IPO: Computer Age Management Services (CAMS) on Thursday filed its Draft Red Herring Prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).

Buzzing Stock: Share price of Sun TV Network spiked over 6 percent intraday on January 10 after maintained buy rating on the stock with target at Rs 689 per share. However, the firm is of the view that AD industry is likely to see sharp slowdown in the third quarter adding that subscription growth remains healthy but risks due to TRAI order.

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