Thursday, 4 September 2014

Update on Stock Market Trading Services

Shares of India's United Spirits Ltd gain 0.6 percent, recovers from earlier falls of as much as 2.5 percent.Traders cite bargain-buying after initial reaction to the spirits maker's
March-quarter net loss.

Shares down 14.8 percent since the end of May, lagging a 12.2 percent gain in the NSE index.Falls have made shares attractive and may spark buy-on-dips approach, traders say.Traders also tracking developments related to United Spirits Chairman Vijay Mallya who is under pressure by banks over loans.

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