Sensex Lost 407 Points Today


After recovering slightly over the past 2 days, the Sensex plunged downward again. It lost 407 points today.

This downward movement is more likely influenced by global market performance and less likely by LTCG. Dow Jones which lost over 1000 points officially witnessed its first correction in 2 years.

Nifty Midcap Index

Nifty Midcap Index Outperforms Equity Benchmark.

Tata Steel

Tata Steel Q3 profits increase 5 fold. It stood at Rs 1,136 crore. Operational earnings also beat the estimates.

The stock price grew by 1.83% and ended at Rs 683.65 today.

Fortis Healthcare

Fortis Healthcare shares soared 24%on news of a possible merger.

Reports suggest a merger with Manipal Hospitals which is backed by TPG. The price of the stock ended at 157.05 today.