India Business

Sensex Soars 224.30 Points In First Five Minutes

SensexMumbai: The benchmark Sensex has gathered up more than 224 points in early trading on the Bombay St

What’s The New Mantra For RIL? Is It Inorganic Growth…?

Mukesh Ambani

Rising Re Value, Scaling Sensex Is A Big Worry, Says Chidambaram

Finance minister P ChidambaramNew Delhi: Finance minister P Chidambaram has

HDFC Bank Q2 Income Up 40.1% At Rs 368.48 Cr

HDFC BankMumbai: HDFC Bank has declared results for its second quarter ended September 30, 2007.

RIL, ONGC Takes Sensex To A Record Peak

Thanks to continued buying interest in heavyweight stocks including Reliance Industries (up 3%), ONGC (up 4.1%) and Tata Steel (up 4.35%), the Sensex has break off its lower levels this morning.

BHEL (1.6%), Hindalco (2.1%), Mahindra & Mahindra (0.85%), ACC (0.6%) and Reliance Energy (0.55%) have also recorded superior gains.

SBI, Bajaj Auto, Grasim Industries and Tata Motors were trading around their last closing levels.

After Listing, Koutons Hits High Of Rs 649

Koutons Retail IndiaMumbai: Koutons Retail India has listed on the NSE with public issue shares today, October 12, 2007.

Koutons Retail India got listed at Rs 510 on the National Stock Exchange, with a premium of 23 per cent to the issue price of Rs 415 per share.

In early trading (9:56 am), the stock gained 46.50 per cent at Rs 608. The total volume stood at 1.5 lakh shares. It touched an intraday high of Rs 620 and an intraday low of Rs 502.50.

The scrip opened at Rs 515 on BSE. In few minutes, it reached Rs 610, up 47 per cent to the issue price. It also touched a peak of Rs 649.

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