Friday, 9 September 2016

Today's Stock Market; YES Bank dives 6%, TCS gains 1%

Sensex, Nifty open in red; TCS gains 1%, YES Bank dives 5%. For more information  visit & give missed call @ 78-79-88-11-22.
   YES Bank is down 5 percent while BHEL and Hero MotoCorp are laggards in the Sensex. Among gainers are Bajaj Auto, ONGC, Cipla, M&M and TCS.
     The market has opened in red as the Sensex is down 11.85 points at 29033.43. The Nifty is down 15.70 points or 0.2 percent at 8936.80. About 192 shares have advanced, 47 shares declined, and 17 shares are unchanged.
           IRB Infra to list investment trust fund.  Mumbai-based IRB Infrastructure Developers is closer to listing the country’s first infrastructure investment trust (InvIT) fund. The company on Thursday said it had filed the draft prospectus for an Initial Public Offer (IPO) of equity for such a trust, to raise Rs 4,300 crore through six road assets. In a filing with the BSE exchange, it said it had done so on Wednesday. In September last year, IRB Infra's board of directors had agreed to form an InvIT. Permission to do so came in March this year from the Securities and Exchange Board of India (Sebi).


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