Latest Indian Stock Market Investment News

Shares in India's Delta Corp gain 4.5 pct.Investor Rakesh Jhunjhunwala buys 1.24 million shares, or 0.5 pct of the company's total equity - exchange data.Jhunjhunwala and his wife Rekha already own 6.72 percent prior to this transaction- exchange data.Investments by big investors like Jhunjhunwala create bullish sentiment in the respective counters- traders.

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Indian markets were flat on Wednesday tracking subdued global stocks amid continued slide in oil prices. Sensex was up 8 points to 27,434 while Nifty edged up 6 points to 8,305.85.

Capping the gains was a nearly 4 per cent fall in market heavyweight ITC. In a bid to curb tobacco consumption, the health ministry has proposed changes in tobacco regulation, including ban on sale of loose cigarette sticks and stricter advertising norms.

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