INDIAN EQUITY MARKET OUTLOOK- 20 Jan 2016

Sensex, Nifty crack 1.5%; Asia drops on global growth concerns

The market continued to be under selling pressure in morning trade following global weakness. All sectoral indices traded in red with the Nifty Energy, Bank and Metal falling more than 2 percent.

The 30-share BSE Sensex fell 379.90 points or 1.55 percent to 24099.94 and the 50-share NSE Nifty declined 118.10 points or 1.59 percent to 7317. The BSE Midcap and Smallcap indices lost more than 1.6 percent.

Headlines for the day:

IDFC keen to purchase RBS' corporate banking portfolio 

ITC's Sunfeast Yippee nears Rs1,000-crore mark 

Ashok Leyland arm Optare targets to double e-bus range

RESULT’S ON 20TH  JAN 2016 :  AXISBANK, DHFL, GATI, ULTRATECHMO, RELINFRA, IBULHSGFIN, JSWENERGY, TATATAELXSI

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