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L&T Technology Services lists 7% higher at Rs 920

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L&T Technology Services lists 7% higher at Rs 920 Benchmark indices continue to trade in a narrow range with negative bias amid weakness among index heavyweight shares. However, the downside is limited due to buying demand among Reliance Industries and HDFC. At 11:00 am, the S&P   BSE   Sensex slipped 29 points at 28,744 and the Nifty50 dipped 7 points to trade at 8,861. Among broader markets, BSE Midcap and Smallcapindices are up 0.4% each. Top losers from the Sensex pack are Axis Bank, Lupin, ICICI Bank, Tata Motors and Infosys, all down between 1%-4.5%. Axis Bank was down over 4% on speculation of SUUTI stake sale in the bank. On the gaining side, TCS, Reliance Inds, Bajaj Auto, Bharti Airtel and HDFC are up almost 1%. Also Read:   IT sector slowdown to hit mid-caps worst L & T Share Price   Technology Services opened at Rs 920 on the National Stock Exchange (NSE) today, against an issue price of Rs 860 per share, at a premium of around...

Markets come off day's low; Nifty reclaims 7,200

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Markets have recovered from their day's lows, amid firm European cues, even as bank shares continue to lead the decline after a host of state owned banks reported huge losses because of higher provisioning on account of rising non-performing assets. At 2:30pm, the S&P BSE Sensex was down 193 points at 23,828 and the Nifty50 was down 62 points at 7,236 after hitting an intra-day low of 7,177.75. Read Full Article Over Here :  Business Standard News