Monday, 5 February 2018

6 Feb, Morning Brief

Another gap down opening can be experienced today as SGX Nifty is trading down by 346 points today as a result of over 3% fall in US markets last day and panic meltdown in Asian markets. Hang Seng down by 1000 points and Nikkei down by almost 5%.

Major Results Today :

Heromotoco, Lupin, PNB

🎯 News & Impact 🎯

🎯 Tata Motors :
Warburg Pincus call off USD 360 million Tata Tech deal

🎯 Torrent Pharma :
Company enters round II in Sanofi Generic unit auction.

🎯 Bank of Baroda :
Bank cuts 6-month MCLR to 8.15% from 8.25%

🎯 Mangalam Organics :
Company signs alliance to manufacture and supply Terpene Phenolic Resin. Will sell product exclusivel to DRT for distribution.

🎯 Ruchi Soya :
Company announces expression of interest for investment in the Company.

🎯 Uttam Galva :
Arcelor Mittal to sell Uttam Galva stake.

Edited by Sharp.
© Sharp Investment & Financial Advisers

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