6:00 PM Mumbai – Bharti Airtel plan to sell bonds in Europe to raise $1 billion ahead of spectrum auction. Cairn India launched $1 billion stock buyback program. Thermax secured order worth Rs 269 crore. Voltas won three orders of Rs 1,000 crore in the Middle-East.
The Sensex Index slid 4.76 to close at 20,420.26. The CNX Nifty fell 2 to close at 6,057.10.
Gainers & Losers
Bharti Airtel Limited
slipped 1.7% to Rs 321.80 after the company plan to rise as much as $1 billion by selling bonds to European investors before the January spectrum auction begin.
Cairn India Limited
slid 0.02% to Rs 323.95 after the company said Vedanta Resources boards approved buy back shares worth $1 billion from January 2014.
DIC India Limited
jumped 3% to Rs 349.70 after the printing inks maker propose a voluntary delisting from Mumbai stock exchange and proposed to delist from all exchanges in India.
DIC India''s net profit in the third-quarter ending in September declined 42.7% to Rs 3.41 crore and net sales jumped 6.1% to Rs 189.36 crore.
Flexituff International Ltd
rose 0.5% to Rs 219 after the company said its board will meet on November 29 to consider raising the funds through a stock offering or private placement.
Swan Energy Ltd
fell 0.05% to Rs 105.50 after the company said its board is scheduled to meet on December 4 to consider a 2-for-1 stock-split.
gained 1.1% to Rs 645 after the company secured order worth about Rs 269 crore from a petrochemical company for its proposed captive power plant.
United Spirits Ltd
jumped 2.7% to Rs 2,650.35 after the Diageo purchased 19,67,000 additional shares of the company at Rs 2,400 each.
climbed 4.2% to Rs 99.05 after the company won three overseas orders worth Rs 1,000 crore in the Middle-East.