Thursday, 31 December 2015

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The Indian market is expected to trade in a range on Thursday tracking muted trend seen in other Asian markets. "The momentum on the upside has been lost, though, in that sense I would expect a 40-50 point correction in the Nifty50,"Leading bourse National Stock Exchange (NSE) will introduce four companies, including Jet Airways BSE 2.74 % and Godrej Consumer Products BSE 2.71 %, in the future and option segment from Friday.

Stainless steel tubesBSE 0.00 % and pipes manufacturer Prakash SteelageBSE 2.87 % said Spain's Tubacex SA has completed acquisition of a majority 67.5 per cent stake in its seamless stainless steel tubes division.Indian shares ended about 0.5 percent lower on Wednesday after being range-bound for most of the session, weighed down by weak European markets and caution ahead of derivatives contracts expiry on Thursday.The broader NSE Nifty closed 0.41 percent lower, while the benchmark BSE Sensex ended 0.46 percent lower.


  1. • Balrampur gets shareholders nod for buyback of up to Rs175 crore.
    • Tata Motors December 2016 standalone business volumes grow marginally 2% yoy.

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