Indices: Stock market update: Nifty Bank index advances 0.14% in a weak market
The Nifty Bank index was trading 0.14 per cent up at 45073.2.
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The Nifty Bank index was trading 0.14 per cent up at 45073.2.
The Nifty IT index was trading 1.89 per cent up at 37224.8.
The Nifty Pharma index was trading 0.93 per cent up at 18005.65.
The 30-share BSE Sensex was down 44.84 points at 65925.2
Kishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversification into non-core ventures contributed to the downfall. Now, Reliance Retail and Naveen Jindal's Jindal (India) are vying to acquire the remnants. Reliance Industries, in particular, stands to enhance its retail footprint and capitalize on India's growing organized retail sector.