Manpasand Beverages disappointed investors, opening more than 6 percent lower. The stock listed at Rs 300 on the National Stock Exchange against issue price of Rs 320 apiece.
The market entered into a consolidation mode after pricing in China equity rout and Greece crisis. It is eagarly waiting April-June quarter earnings that will be kicked off by TCS today evening. The stock lost nearly 2 percent as a CNBC-TV18 poll sees 7.5 percent sequential fall in profit and more than 4 percent rise in dollar revenue. Its rival Infosys fell 1.5 percent. The Sensex fell 32.07 points to 27655.65 and the Nifty declined 12.15 points to 8350.90. The market breadth remained strong as more than two shares advanced for every share declining on the Bombay Stock Exchange. Tata Motors lost another 2 percent, in addition to 6 percent fall in previous session on fears of slowdown in China sales of its subsidiary Jaguar Land Rover. However, L&T, Bharti Airtel, Lupin, BHEL and Hero Motocorp gained 1-3 percent. Manpasand Beverages disappointed investors, opening more than 6 percent lower. The stock listed at Rs 300 on the National Stock Exchange against issue price of Rs 320 apiece. It touched an intraday high of Rs Rs 318.45 and low of Rs 285.70. It lost as much as 10.7 percent intraday.
For More detail Visit - http://www.allianceresearch.in/
Or Call on - 0761-4032175,9993716323
The market entered into a consolidation mode after pricing in China equity rout and Greece crisis. It is eagarly waiting April-June quarter earnings that will be kicked off by TCS today evening. The stock lost nearly 2 percent as a CNBC-TV18 poll sees 7.5 percent sequential fall in profit and more than 4 percent rise in dollar revenue. Its rival Infosys fell 1.5 percent. The Sensex fell 32.07 points to 27655.65 and the Nifty declined 12.15 points to 8350.90. The market breadth remained strong as more than two shares advanced for every share declining on the Bombay Stock Exchange. Tata Motors lost another 2 percent, in addition to 6 percent fall in previous session on fears of slowdown in China sales of its subsidiary Jaguar Land Rover. However, L&T, Bharti Airtel, Lupin, BHEL and Hero Motocorp gained 1-3 percent. Manpasand Beverages disappointed investors, opening more than 6 percent lower. The stock listed at Rs 300 on the National Stock Exchange against issue price of Rs 320 apiece. It touched an intraday high of Rs Rs 318.45 and low of Rs 285.70. It lost as much as 10.7 percent intraday.
For More detail Visit - http://www.allianceresearch.in/
Or Call on - 0761-4032175,9993716323
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