The S&P BSE Sensex started on a cautious note on Thursday, led by losses in ITC, ICICI Bank, Tata Steel, HUL and ONGC. The 50-share Nifty index turned choppy, weighed down by losses in metal, banks and FMCG stocks.
Indian stocks marked their highest close in more than three months on Wednesday, driven by value-buying in beaten-down stocks, while the adoption of a select committee report on a key national tax bill in parliament also helped.
The NSE index gained 1.22 percent, while the BSE index ended the day 1.15 percent higher; their highest close since April 16.Ex-parent Cairn Energy is the single largest minority shareholder in Cairn India in which Vedanta already has a 59.88 per cent stake.
FOr more news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.
The NSE index gained 1.22 percent, while the BSE index ended the day 1.15 percent higher; their highest close since April 16.Ex-parent Cairn Energy is the single largest minority shareholder in Cairn India in which Vedanta already has a 59.88 per cent stake.
FOr more news on free stock tips on mobile,free equity tips on mobile please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.
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