Mumbai: Delhi-based Vishal Retail is ready to invest Rs 200 crore to establish 40 additional stores largely in northern India.

Vishal Retail Managing Director Ramchandra Aggarwal stated, “In addition to 53 stores that we have at the moment across 41 cities, we want to put up 40 more in the current fiscal year entailing Rs 200 crore investments.”

After opening with a positive gap of 135 points at 15,038, the BSE Sensex soon reached to a high of 15,142.

Now, at 10:30, the stock index is up 184 points at 15,087.

On the back of its $600 million US acquisition, Wipro has surged 4.4 per cent to Rs 478.

After declaring a cut in interest rates on one-two year deposits to 8% from 8

Today the equity shares of Kolkata-based integrated infrastructure player Simplex Projects were listed at Rs 323.75 or 75% premium to its issue price of Rs 185 on the BSE.

During the day, the scrip touched an intraday high of 323.75 and low of 266.70. Lastly, the company’s shares closed at Rs 272.05, an increase of 47%.

There were 6,719.672 shares for trading on the BSE counter.

After touching an intraday high of 15,235.51, the BSE Sensex finally ended the day at 15,138.40, up 152.70 points, whereas the broad-based NSE Nifty ended at 4,401.55, up 45.2 points.

After recording a growth of 18% in crude steel production in July 2007 over July 2006, JSW Steel was trading up 0.79% to Rs 699.30.

In the meantime, the BSE Sensex was up 221 points to 15,207 chasing recovery in Asian stocks. Asian stocks arose today after a second consecutive session of gains on Wall Street on Thursday, 2 August 2007.