A telephone handset sits on a desk as the news from the Scottish independence referendum is announced while on the trading floor at Panmure Gordon and Co., in London, U.K. (Photographer: Jason Alden/Bloomberg)

Nifty Holds 9,300 In Best Week Since March; ITC Falls

Latest First
  • Oldest First

S Chand IPO Subscribed 32 Times

Subscription Pattern

  • QIB - 37x
  • HNI - 87x
  • Retail - 5x
  • Overall - 32x

Closing Bell

Indian shares declined for a second straight session as investors booked profits in recent outperformers, but the indexes posted their best weekly gain in six on earnings optimism.

The S&P BSE Sensex fell 0.37 percent at 29,918, while the NSE Nifty declined 0.41 percent at 9,304. Both the indexes gained nearly 2 percent this week, their best performance since mid-March.

Among the sectoral indices, S&P BSE Realty index dropped 1.8 percent while S&P BSE Technology index shed 0.7 percent

The market breadth was skewed in the favour of losers, with about 5 stocks declining to every 4 stocks that advanced.

India financial markets will remain shut on Monday for a public holiday.

Nifty Holds 9,300 In Best Week Since March; ITC Falls

Tata Teleservices Surges As Court Backs Docomo-Tata Settlement

  • Shares of Tata Teleservices jumped as much as 20% to Rs 8.30
  • Delhi High Court approved Docomo-Tata settlement on $1.2 billion suit
  • Court rejected RBI's objection to the above settlement

Ceat Falls On Q4 Profit Miss

  • Shares of the tyre-maker fell as much as 2.6%, the most since March 28.
  • Q4 net income Rs 66.3 crore versus estimate Rs 80.2 crore
  • Q4 revenue Rs 1,640 crore versus estimate Rs 1,540 crore

IPO Update: S Chand & Co.

  • IPO oversubscribed on final day
  • IPO gets 550% demand for shares offered at 1pm