black monday 1987

 

Long-awaited market correction finally in full swing

Feb 06 2018

The correction will continue to take place until equity returns balance out with bond yields. That should imply a sustained downward trend in the stock markets.

Indian Markets

 
  • SENSEX

    33,703.59 71.07   (-0.21 %)
  • NIFTY

    10,360.40 18.00   (-0.17 %)
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Global Markets

 

Stocks In News

 

KEC INTERNATIONAL

Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports

TYRE STOCKS IN FOCUS

Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports

HEG, GRAPHITE INDIA

Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports

SUN PHARMA

Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit

INDIA GRID TRUST

Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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