Wednesday, April 18, 2012
Markets traded rangebound throughout the day and ended the session with marginal gains. Sensex rose 0.20% and Nifty closed 0.19% higher
HCL Tech hits weekly high post Q3 nos
HDFC Bank FY12 cons net profit up 31%
March retail Inflation at 9.47%
The company fixed IPO price band of Rs 120 to Rs 126
Tribhovandas Bhimji Zaveri (TBZ), a jewellery retailer in India, is entering the capital markets on 24 April 2012, with an initial public offering (IPO) of 1.67 crore shares. The company has fixed an IPO price band of Rs 120 to Rs 126.
The issue will constitute 25% of the post-issue paid-up capital of the company. The issue will close on 26 April 2012.
Key benchmark indices pared intraday gains and settled with small gains to hit highest closing level in two weeks. Market gained for the third straight day. The BSE Sensex was up 34.45 points or 0.2%, off close to 130 points from the day's high and up about 20 points from the day's low. The market breadth was positive. Index heavyweight Reliance Industries (RIL) logged small gain in volatile trade.
The Sensex has fallen 11.81 points or 0.06% so far in April 2012 (till 18 April 2012). The index has surged 1,937.47 points or 12.53% in calendar 2012 so far (till 18 April 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,256.53 points or 14.9%. From a 52-week high of 19,697.49 on 25 April 2011, the Sensex has lost 2,305.10 points or 11.7%.