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Market Dwell: Sensex up 150 points, Nifty round 11,000; IT stocks dip, steel stocks shine – Moneycontrol.com

Market Dwell: Sensex up 150 points, Nifty round 11,000; IT stocks dip, steel stocks shine – Moneycontrol.com

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Sep 11, 2019 12: 11 PM IST | Provide:Moneycontrol.com

Metal index up 2 percent followed by auto which is up nearly 2 percent, while IT index down 1 percent. Midcap and smallcap indices also buying and selling elevated.

  • Rupee recovers: The Indian rupee has recovered from the intraday low and buying and selling marginally elevated at 71.67 per buck. It opened lower by 14 paise at 71.84 per buck versus Monday’s conclude 71.70

  • BHEL commissions thermal energy blueprint in Odisha: Shares of Bharat Heavy Electricals (BHEL) jumped over 3 percent on September 11 after the firm commissioned a 1320 MW IB Thermal Energy Space positioned in Jharsuguda district of Odisha.

  • Sanofi India declines 2% on sale of Ankleshwar fashions: Shares of Sanofi India declined more than 2 percent on September 11 after firm licensed sprint sale and switch of its manufacturing facility at Ankleshwar, Gujarat to Zentiva for a consideration of Rs 2,617 million.

  • S&P revises ranking on Syndicate Monetary institution to BB+/Optimistic from BB+/Staunch and revises outlook on Indian Monetary institution to Detrimental from score, reorted CNBC-TV18.

  • Meghmani Organics sets up Epiehlorohydrin manufacturing mission: Meghmani Organics shares rose more than 5 percent on September 11 after the firm decided to foray into Epiehlorohydrin mission, potential 50,000 tonnes per annum which is in a residing to be in accordance with TechnipFMC’s EPICEROL expertise, with capex of round Rs 275 crore.

  • Energy Mech Projects received letter of award/work orders price Rs 275 crore.

  • Wipro tumbles 2%: Shares of Wipro fell 1.7 percent on September 11 after worldwide brokerage company CLSA retained promote call on the stock amid heart-broken execution.

    The learn home has a goal designate at Rs 220 per fragment, implying 14 percent likely procedure back.

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