- Sensex down by 0.48%@19323.80pts;Nifty down by 0.60%@5870.10pts.
- European majors CAC, DAX & FTSE down by 0. 49%, 0.26% & 0.21% resp.
- Nasdaq was down 0.74% also Dow Jones Industrial Avg. was down 0.19%.
Sensex closed down 93.66pts@19323.80;Nifty closed down 35.50pts@5870.50. The Market fell on today an out-performers such as Ril Ind. were hit by profit-booking, while technology stocks such as Infosys fell due to concerns about their profit outlooks ahead of the expiry of derivatives at the end of the session.Ril Ind. fell 1.2% & Infosys lost 0.9%.
BUY TORRENT POWER ABOVE 193
TG-194.2/195.7/198
SL-191.5
Japan's Nikkei average rose to a 21-month high in early trade on Friday, on track to log its best yearly gain since 2005, buoyed by a weaker yen on expectations of aggressive monetary stimulus under new Prime Minister Shinzo Abe.
Listing Today: Bharti Infratel
-Issue Price Rs 220/share (grey market discount Rs 3-4)
-Retail investor allotted at Rs 210/share
-Raises Rs 4118 crore from IPO (biggest IPO since Coal India in October 2010)
Subscription details
-Overall subscribed 1.3 times
-QIB: 2.84 times
-NII: 0.29 times
-Retail Investors: 0.19 times
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