Wednesday 24 December 2014

Sensex plunges 300 points...Nifty below 8,200 levels

At 3:12PM, the S&P BSE Sensex is trading at 27,161 down 345 points, while NSE Nifty is trading at 8,169 down 97 points.

The BSE Mid-cap Index and BSE Small-cap Index was trading flat.

Auto, Bankex, Realty, Metal indices are the gainers, while Teck, FMCG, Capital Goods, Consumer Durables, Metal, Oil and gas indices are losers.

Coal India, Cipla, HDFC, Tata Power, HDFC Bank are among the gainers, whereas DRREDDY, Tata Steel, Sun Pharma, Wipro, TCS are losing sheen on BSE.

Shares of Spicejet was up 4% at Rs17 after report stated that the airline cleared salary dues for the month of November for all pilots and senior management officials.

Shares of Nandan Denim Ltd surged 12% at Rs63 after report said that Devkinandan Corporation LLP, one of the promoters, increased its stake in the company via open market.

According to reports, Government may surpass FY15 direct tax collection target. Government said that it has reached 15% direct tax revenue growth aim up to Dec 15, says report.

Cabinet approved 100% FDI in medical devices via automatic route. Shares of Opto Circuits spurted over 16% at Rs26, while Poly Medicure stock surged 8% at Rs974..
Cabinet approves ordinance on insurance. Shares of Max India was up 4% at Rs394, while Reliance Capital shares was up 3% at Rs495.

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