Market Update

Wednesday 6 June 2018

Stock Tips,Sensex extends gains to 150 points, Nifty above 10,600; midcaps up almost 1% By TradeIndia Research 6-6-18

Free Stock TipsSEBI Registered Company in Indore

Sensex extends gains to 150 points, Nifty above 10,600; midcaps up almost 1%


Investors are looking for cues ahead of RBI policy meet outcome later in the day.

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The share added 2.6 percent as company has decided to dispose of certain tea estates in Assam

The company is going to sell Beesakopie Tea Estate, Raidang Tea Estate, Daimukhia Tea Estate, Samdang Tea Estate, Baghjan Tea Estate, Bordubi Tea Estate, Koomsong Tea Estate and Phillobari Tea Estate

The company is going to sell Beesakopie Tea Estate, Raidang Tea Estate, Daimukhia Tea Estate, Samdang Tea Estate, Baghjan Tea Estate, Bordubi Tea Estate, Koomsong Tea Estate and Phillobari Tea Estate

USFDA inspected the manufacturing facility of Cadila's wholly-owned subsidiary, Alidac Pharmaceuticals, located at SEZ, Ahmedabad from May 28 to June 5, 2018.
At the end of the inspection, no observation (483) is issued.
The site manufactures oncology injectables for the regulated markets.
At 11:06 hrs Cadila Healthcare was quoting at Rs 352.75, up Rs 4.10, or 1.18 percent
Benchmarks have extended their gains now, with the Sensex trading over 100 points higher, while the Nifty is well above 10,600-mark. A sudden spike is seen in metals, pharmaceuticals, as well as midcaps too. The Nifty Auto index is also trading higher by almost half a percent. Reliance Industries, HDFC and L&T are contributing to gains on Sensex and Nifty, while HDFC Bank, ICICI Bank and IOC are looking to cap the upside. 
Shares of CG Power have gained almost 3 percent in the morning trade as investors cheered an order win from the Indian Railway. 

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