Monday, February 4, 2013

Stock market update

Mumbai: At 14: 14 p.m.: * The 30-share BSE index Sensex is up 0.17 percent while the 50-share NSE Nifty index rises 0.1 percent.
* Tata Motors Ltd gains 4.8 percent after briefly plunging as much as 10 percent on Friday because of a technology trading glitch from brokerage Religare Capital Markets.
* Power Finance Corp Ltd and Rural Electrification Corp Ltd shares gain over 4 percent each on speculation the government is preparing to offer new incentives to revive stalled power projects.
* ICICI Bank adds 1.8 percent after falling 3.4 percent in the previous two sessions.
* Bank of Baroda shares fall 6.5 percent after the bank's October-December earnings disappointed investors.
* Shares in IDFC fell 4.5 percent after the lender and consultant for infrastructure projects registered a weak loan growth in the December quarter.


PGDM 2nd
Kushank Singhal

No comments:

Post a Comment