The market is still sluggish with the Sensex up 24.88 pointsat 28015.09. The Nifty is up 5.25 points at 8637.85. About 1449 shares have advanced, 1086 shares declined, and 193 shares are unchanged.
Maruti, Cipla, NTPC, Infosys and Sun Pharma are top gainers while Lupin, Tata Motors, Tata Steel, Coal India and Adani Ports are losers in the Sensex.
IndiGo Airlines owner InterGlobe Aviation fell 2 percent as media reports suggest that Tigerair may take back 11 jets subleased to IndiGo. Tigerair says it will grow capacity via the returning aircraft subleased to IndiGo.
Country's largest lender State Bank of India (SBI) said it will raise up to Rs 11,000 crore through Basel III compliant debt instruments on a private placement basis.
The bank has informed the BSE that "the Committee of Directors for Capital Raising at its meeting held on August 24, 2016 authorised the bank to raise up to Rs 11,100 crore additional tier 1 capital, by way of issue of Basel III compliant perpetual debt instrument in USD and/or INR, at par, through private placement to overseas and/or Indian investors".
Maruti, Cipla, NTPC, Infosys and Sun Pharma are top gainers while Lupin, Tata Motors, Tata Steel, Coal India and Adani Ports are losers in the Sensex.
IndiGo Airlines owner InterGlobe Aviation fell 2 percent as media reports suggest that Tigerair may take back 11 jets subleased to IndiGo. Tigerair says it will grow capacity via the returning aircraft subleased to IndiGo.
Country's largest lender State Bank of India (SBI) said it will raise up to Rs 11,000 crore through Basel III compliant debt instruments on a private placement basis.
The bank has informed the BSE that "the Committee of Directors for Capital Raising at its meeting held on August 24, 2016 authorised the bank to raise up to Rs 11,100 crore additional tier 1 capital, by way of issue of Basel III compliant perpetual debt instrument in USD and/or INR, at par, through private placement to overseas and/or Indian investors".
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