Intraday volatility continued as key benchmark indices trimmed losses after hitting fresh intraday low in mid-morning trade. The market breadth, indicating the overall health of the market, turned negative from positive in mid-morning trade. The barometer index, the S&P BSE Sensex, was down 97.54 points or 0.47 %, up close to 20 points from the day's low and off about 90 points from the day's high.
Who Moved and Why
1) Kalpataru Power jumps after winning order.
2) United Spirits slips after Diageo offers to sell W&M whisky biz.
3) Hospitality stocks in demand.
4) IDBI Bank slips after S&P downgrade.
5) Lenders refuse to recast Websol Energy System’s Rs 350-crore loan.
6) Readying war chest, Bharti Airtel to raise $1 billion via Euro bonds.
Read detail analysis report here:- http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/26th_Nov_MidSession%20Update.pdf
Who Moved and Why
1) Kalpataru Power jumps after winning order.
2) United Spirits slips after Diageo offers to sell W&M whisky biz.
3) Hospitality stocks in demand.
4) IDBI Bank slips after S&P downgrade.
5) Lenders refuse to recast Websol Energy System’s Rs 350-crore loan.
6) Readying war chest, Bharti Airtel to raise $1 billion via Euro bonds.
Read detail analysis report here:- http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/26th_Nov_MidSession%20Update.pdf