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Market returns from downtrend. Realty shines

Market is back from the fall with realty stocks leading the market. Nifty gains 39 points with 36 advances and 14 declines. Sensex gains 160 points with 24 advances and 6 declines.

Adani enterprises gains more than 4% on sale of coal plant. Aurobindo pharma gains more than 4%. Automobile leader M&M gains 4%.  Emami and JP Infratec gains more than 3%. Realty index gains more than 2% on REIT norms by SEBI. CNX Auto gains more than 1.5% on higher sales.

Bhusan Steel loses 10% on debt repayment issues. South Indian TV major Sun TV loses more than 4%. IDBI bank and Dena bank loses more than 3%. FMCG is the only index in red region.

Andhra cements, Bosch, Divi’s Lab, HPCL and Eicher motors are the few firms coming out with results today. SBI tops the turnover table

News Corner

Sebi comes up with REIT norms to boost cash needed realty sector

Disinvestment process as per schedule : Arun Jaitley

Adani Stocks gains on plan to sell Australian Coal terminal

World bank to fund ecologically safe power projects



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