Monday, 12 October 2015

Live: Sensex slips over 100 points, Nifty below 8,120; Infosys, Vedanta fall -- 13 Oct 2015

The BSE Sensex and NSE Nifty opened flat with negative bias tracking mixed global cues.

Sensex was down 25.95 points at 26,878.16. Nifty was down 3.10 points at 8,140.50. Cox & Kings shares were trading 2.67 per cent up at Rs 253.65 apiece. The Cox & Kings Group has acquired 100 per cent of the issued and outstanding shares of Late Rooms (UK) (Late Rooms) for GBP 8.5 million. The acquisition fits the group’s strategic intent to expand its global online and B2C leisure proposition.
Domestic equity markets opened flat with negative bias tracking mixed global cues. Sensex opened 29.82 points down at 26,874. Nifty opened 21.65 points down 8,121.95.
Hindalco,Vedanta and Infosys were down over 2 per cent in the early trade.
Retail inflation also rose to 4.41 per cent in September due to costlier food items in general and beverages and pulses in particular. The Consumer Price Index (CPI) based inflation in August stood at 3.74 per cent on cheaper vegetables, fruits and protein rich items, government data showed on Monday.
Sensex and Nifty slid 0.65 per cent and 0.56 per cent at 26,904.11 and 8,143.60 on Monday. Foreign portfolio investors (FPIs) bought shares worth a net Rs 317.56 crore on Monday, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 175.07 crore, as per provisional data.
IT major TCS will announce its second quarter earnings on Tuesday.
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