INSUBCONTINENT EXCLUSIVE:
on Thursday to close 115 points lower at 35,432.39 points
Similarly, NSE's 50-share pack Nifty slipped by 31 points to close below 10,800 points at 10,741.10 as caution prevailed amid lingering
The Nifty PSU bank index fell by 2 per cent in the closing hours.Among the Sensex stocks, maximum losses were posted by Mahindra and
Mahindra (MM), Power Grid and ONGC that fell by 2.28 percent, 1.08 percent and 1.72 percent, respectively.Despite the plunge, the scrips
that bucked the trend were ICICI Bank and Reliance Industries (RIL) both of which rose by 1.47 percent and 1.22 percent, respectively.Among
sectoral indices, the laggards were Nifty auto index (0.97 perent), Nifty pharma index (1.18 percent) and Nifty metal index (1.34
Similarly, Nifty realty and Nifty private bank indices closed lower by 0.79 per cent and 0.07 percent
The markets also witnessed two IPOs which had the second day of subscription today
One of them, RITES was fully subscribed on Thursday, while the Fine Organic Industries IPO was subscribed over 20 percent on the second day
Investment which jumped in the range of 3.5 percent to 5 percent
The losers, however, included Himachal Futuristics Communications and Marksans Pharma that slipped by 6.6 percent and 5.6 percent,
(With inputs from Reuters)
