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The offer for sale of shares by promoter Fairbridge Capital in Thomas Cook (India) Ltd received overwhelming response from institutional investors, following which, it has decided to use the greenshoe option to sell additional shares. ....
On the sectoral front, Nifty Realty surged over 2%, and Nifty PSU Bank rose 0.75%. Also, Nifty Auto, Financial, FMCG, Media, Metal and Pharma rose in early trade. In the broader market, Nifty Midcap100 gained 0.66%, while Smallcap100 surged 0.7%. ....
Indian shares opened a tad higher Friday on the back of strong GDP data for the July-September quarter and signs of revived FPI inflows. The benchmark S&P BSE Sensex was up 395 points, or 0. ....
From the Sensex pack, UltraTech Cement, Kotak Bank, Sun Pharma, M&M, and L&T opened with gains, while Asian Paints, NTPC, Tata Steel, Reliance Industries, and Infosys opened with cuts. ....