Nifty Midcap100 Index hit a new high after stocks like Hindustan Zinc, Shree Cement, Crisil, Reliance Infrastructure, Jubilant Life Sciences and Pidilite Industries rallied more than 6 per cent on the National Stock Exchange (NSE) on Monday. At 02:55 pm, Nifty Midcap100 index was up 2.7 per cent at 15,830, as compared to 1.5 per cent rise in the Nifty 50 index. The midcap100 index hit a new high of 15,839 in intra-day trade, transcending its previous high of 15,817.90, touched on 29th September during the trade.

1. Nifty Midcap100 Index Hits New High after
Stocks Rally
Nifty Midcap100 Index hit a new high after stocks like
Hindustan Zinc, Shree Cement, Crisil, Reliance
Infrastructure, Jubilant Life Sciences and Pidilite
Industries rallied more than 6 per cent on the National
Stock Exchange (NSE) on Monday. At 02:55 pm, Nifty
Midcap100 index was up 2.7 per cent at 15,830, as
compared to 1.5 per cent rise in the Nifty 50 Index. . The
midcap100 index hit a new high of 15,839 in intra-day
trade, transcending its previous high of 15,817.90,
touched on 29th
September during the trade.
Reliance Infra surged 8 per cent to Rs.598 after Anil Ambani-led Reliance Group and
Rafale maker Dassault Aviation made an announcement of a JV - joint venture that will be
a ‘key player’ in execution of offset contract worth about Rs.22,000 cr as part of the
fighter jet deal.
The “Dassault Reliance Aerospace” JV - Joint Venture shall be a key player in the
execution of offset obligations, as part of the 36 Rafale fighter Jets purchase agreement at
a value of 7.87 billion Euros, or about Rs.59,000 cr signed between France and India on
23rd
September, 2016, Reliance Infra stated in a press release.
Jubilant Life Sciences was up 7 per cent at Rs.655, after hitting a record high of Rs.676 in
early morning trade. The company said that its wholly-owned subsidiary had received
approval from the US health regulator - USFDA for RUBY-FILL — Rubidium 82
generator and elution system used in diagnosis of coronary artery disease in the United
States market.
A total of 11 stocks from the Nifty Midcap100 index include Ceat, Crisil, Jubilant Life
Sciences, Hindustan Zinc, Mahindra & Mahindra Financial Services, Kansai Nerolac,
MRF, SRF, Shree Cement, Vakrangee and TVS Motor Company – hit their respective
record highs on the National Stock Exchange.

2. COMPANY LATEST
PREV
CLOSE GAIN (%) LTP
HIND.ZINC 254.85 233.35 9.21 254.45
RELIANCE INFRA. 594 551.25 7.76 597.3
SRF 1907.6 1777.7 7.31 1908.4
CRISIL 2379.7 2229.7 6.73 2380.8
JUBILANT LIFE 654.75 614.3 6.58 654.3
PIDILITE INDS. 723.7 681.6 6.18 724.25
M & M FIN. SERV. 385.15 364.3 5.72 385.6
SOUTH IND.BANK 23.05 21.85 5.49 23.2
SHREE CEMENT 17975.1 17042.7 5.47 17892.9
KANSAI NEROLAC 377.95 360.15 4.94 377.75
SUN TV NETWORK 530.1 505.15 4.94 531.25
ARVIND LTD 353.7 337.1 4.92 354.2
THERMAX 884.75 845.2 4.68 881.45
IRB INFRA.DEVL. 256.35 245.15 4.57 256.45
BHARAT FINANCIAL 920.15 880.65 4.49 920.85
DLF 152.6 146.15 4.41 152.85
DISH TV 97.15 93.1 4.35 97.2
UNION BANK (I) 143.3 137.35 4.33 143.2
RELIANCE CAPITAL 569.6 546.9 4.15 570.7
CAIRN INDIA 208.25 200.05 4.1 208.45
The stocks which made 52-week high out of the above:
 Hindustan Zinc Limited
 SRF Limited
 Crisil Limited
 Jubilant Life Sciences Limited
 Mahindra & Mahindra Financial Services Limited
 Shree Cement Limited
 Kansai Nerolac Paints Limited
 Sun TV Network Limited

3. Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the
research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making
investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
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Analyst/ his Relative:
 Do not have any financial interest / any actual/beneficial ownership in the subject company.
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Article Written by
Salman Hashmi