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Thursday, 11 January 2018

Market Insight - Dow, Dow Futures, Hangseng, SGX Nifty & Nikkei 12 Jan 17

Markets always tend to be interesting with something or the other happening all the time. Our Morning Mantra is released before the opening bell and it includes the market commentary along with Corporate & Global news for the day.

US Stocks closed at record highs on Thursday as rising oil prices lifted energy stocks and investors bet on a strong U.S. corporate earnings season.




Dow

 

Dow Futures

 

Hangseng

 

Nikkei

SGX Nifty

 

25574.7

25557.0

31286.7

23697.5

10697.5

205.6

2.0

166.4

-13.0

40.0

0.81%

0.01%

0.53%

-0.05%

0.38%


Major Asian markets clawed back slight gains on Friday after finishing slightly lower in the last session, with most major indexes in the region tracking the strong lead from Wall Street.
Market is expected to open positive note and likely to witness up move during the day.
Shree Cements to acquire majority stake in Union Cement Co., UAE for $305.24 million.
SBI to raise Rs 20,000 crore through long term bonds for financing infrastructure and affordable housing.

Indiabulls Real Estate unit to acquire a commercial building in Gurugram having leasable area of 2.5 lac square feet.
Tata Global Beverage Ltd is looking to divest its 41% stake in Amalgamated Plantations Pvt. Ltd—India’s second largest producer and supplier of tea with estates in Assam and the Dooars region of West Bengal.

Dredging Corp. secures Rs 88.5 crore contract for dredging of channels and basins at Cochin port.
Adani Enterprises the holding company of the Adani Group, is looking to set up a housing finance company that will offer home loans through realty developers and will also lend directly to retail customers.

Varun Beverages has concluded the acquisition of PepsiCo India's previously franchised rights for the state of Chhattisgarh.

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