Prestige Estates Projects IPO Review
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Saturday, October 09, 2010
Oberoi Realty IPO Subscription Allotment Details
Qualified Institutional Buyers (QIBs) 22.15
Non Institutional Investors 3.61
Retail Individual Investors (RIIs) 0.94
Sensex drops 194.78 pts; snaps five-week rally
After a tremendous rally seen in September, which took markets 16% higher, now it seems correction have set in. Indian stocks dropped, snapping five weeks of rally. This week saw sustained profit booking and weak global cues, which dragged the markets down. However, the broader markets managed to close stronger for the week. FMCG index plunged 3.13% over the week in the BSE sectoral space followed by Capital goods index, declined 1.08%. However, Healthcare and Oil & gas indices gained over 3.25% and 1.91% week-on-week.
Market ends choppy session lower
Major headlines
Punj Lloyd wins Rs5.39 billion order from GAIL
Local car sales up 30%
Larsen & Toubro bags Rs1,585 crore orders
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