 |
Benchmark indices extended rally in late trade with the Sensex rising 513.82 points or 1.31 percent to 39,626.56 and the Nifty climbing 147.50 points or 1.26 percent to 11,839.
Reliance Capital rallied 22 percent and Reliance Infrastructure jumped 24 percent.
Jain Irrigation rallied 19 percent despite S&P downgraded rating to B- from B+.
Fitch affirmed Bharti Airtel's long term rating at 'BBB-' with stable outlook
IndusInd Bank and Bharat Financial Inclusion shares gained more than 2 percent each on June 20 after both companies board members fixed July 4 as the record date for merger.
HEADLINES OF THE DAY
Oil prices climbed around 3 percent amid escalating tensions in the Middle East as a US official said one of the country�s military drones was shot down by an Iranian missile.
IL&FS Engineering and Construction Company said it has received approval from Ministry of Road Transport and Highways (MoRTH) for revival/ restart of the road project which was previously referred for amicable foreclosure by the competent Authority.
Crisil downgraded company's long-term rating to 'A-' from 'A' and changed outlook to negative from stable.
Adani Enterprises Gains 1%: Promoter released a pledge on 19 lakh shares during June 14-17.
The crucial resistance for Nifty spot is now seen at 11960 and above this 12100 Support for the immediate term is now placed at 11700 next support will be 11560.
No comments:
Post a Comment