Markets have been quiet, with selected metal, IT and Pharma counters seeing buying action. Man Infra Ltd., got listed on the bourses, with a whopping 45% gain during the listing.
Market Beat
Markets quiet. Man Infra lists with 45% gains - March 11, 2010 10:14 am
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At 10:07AM, the Nifty is at 5109, down by 6 pts or -0.12% Man Infraconstruction Limited ( MANINFRA ), opened at 318. The stock soon surged to 365, seeing a 45% surge to its IPO price of Rs. 252. SAIL is the top gainer on the Nifty. The stock has gained 1.6% and is trading at 237. Ranbaxy is up by 1.5% at 461.95. Sun Pharma has gained 1.3%. ABB has gained 1.3% at 857.50. IT stocks are also trading in the green. Infosys is up by 0.5%. Wipro is up by 0.9% and is trading at 702. TCS is up by 0.7% Among the losers, Hindustan Unilever ( HINDUNILVR ), has lost over 2.3%. BPCL, Hero Honda, Hindalco - have all lost over 1% each. |
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