Thread by @ZoomStocks

#India: Mid-Market Update

✦Indices opened flat in the morning & #Nifty was consolidating between 17,400 & 17,300, but broke the support & fell 146 points intraday & now trading between 17,250 & 17,300

#StockMArket #nseindia #BSE
1/6

#India: Mid-Market Update

✦Mid-caps & small-caps witness buying pressure as their respective indices rose more than 0.1%. Pharma, Healthcare & FMCG stocks drag the index, while Media & Consumer durable stocks trade in green

#StockMarket #nseindia #BSE
2/6

#India: Mid-Market Update

✦#BhartiAirtel rose more than 1% after the company announced that it crossed the 10 million unique 5G user mark on its network

#StockMarket #nseindia #BSE
3/6

#India: Mid-Market Update

✦#CredVentures rose more than 0.25% after announcing that the board will meet on 2 March'23 to raise funds through issuance of NCDs up to Rs 100 crore in one or more tranches on a private placement basis

#StockMarket #nseindia #BSE
4/6

#India: Mid-Market Update

✦#BalrampurChiniMills fell more than 1% after the company announced that its board had approved the private allotment of 14,000 non-convertible debentures to #HDFCBank, aggregating to Rs 140 crore

#StockMarket #nseindia #BSE
5/6

#India: Mid-Market Update

✦#Vedanta fell more than 5% after reports claim that the company is unable to advance either the $2 bn fundraising exercise or the sale of its international zinc assets to #HindustanZinc in the near future

#StockMarket #nseindia #BSE
6/6