Mid-market commentary October 26,2016
The Indian markets witnessed some sell-off in October 26, 2016 session, after Banking stocks like ICICI Bank, and Axis Bank witnessed profit booking. The Nifty is in the negative by 56 points at 8636 and the Sensex by 208 points at 27877. Both the indicators were down more than 0.65 per cent each.
The advance-decline ratio is on the positive side. On the NSE, 1351 shares are in the green and 1243 shares are in red.
Religare Enterprises: Religare Enterprises' subsidiary Religare Securities (RSL) has incorporated a wholly owned subsidiary company i.e. Religare Business Solutions.
Bharti Airtel: Bharti Airtel launches 10 day packs for international roaming with unlimited incoming calls.
Navneet Education: Navneet Education acquires Britannica's India Curriculum Division.
Ramco Systems: Taiwan based Far Eastern Air Transport Goes live on Ramco Aviation Suite.
Suzlon Energy: Suzlon Energy has signed share subscription and shareholders’ agreement with Ostro Energy Private for setting-up of solar power project under Prathamesh Solarfarms .