Gartner, a research company, announced this day that the firms in the banking as well as security segments in India have been predicted to make expenditures worth Rs 42,200 crore on services and products in the Information Technology space.
The chairman as well as managing director of JSW Steel, Sajjan Jindal, announced this day that they have been looking forward to obtain their guidance in the current financial year which is 9% to 10% increase in crude steel production.
The S&P BSE Sensex was down 387.91 points or 1.93% to 19,674.33, its lowest closing level since 6 May 2013. The index declined 427.45 points at the day's low of 19,634.79 in late trade, its lowest level since 10 May 2013. The index fell 34.68 points at the day's high of 20,027.56 in early trade.
The CNX Nifty was down 127.45 points or 2.09% to 5,967.05, its lowest closing level since 3 May 2013. The index hit a low of 5,955.70 in intraday trade, its lowest level since 6 May 2013. The index hit a high of 6,081.45 in intraday trade.
The total turnover on BSE amounted to Rs 3890 crore, higher than Rs 2064.84 crore on Wednesday, 22 May 2013.
The BSE Mid-Cap index shed 1.99% and the BSE Small-Cap index fell 2.2%. Both these indices underperformed the Sensex.
Positive 592 Negative 1737 Unchanged 117 From the 30 share Sensex pack, 28 fell and rest rose.
Just Dial announced this day that its initial public offer or IPO has obtained 10 times subscription today wherein the majority came from HNIs or high networth individuals as well as QIBs or qualified institutional buyers.
The managing director of Akzo Nobel India, Amit Jain, announced this day that they have been expecting for the paint space to expand in the range of 4% to 5% in the following quarter of the current financial year.
Prestige Estates, a realty company, through its chairman as well as managing director Irfan Razack announced this day that it has been looking forward to introduce in the market a few ventures in the current financial year.