Thursday, 12 June 2014
INDIAN
EQUITY BENCHMARKS ended positive amid day long choppy
trading session led by buying amongst financials and auto shares.
Further,
Shares of Bharti Airtel slumped by 3.57% after Credit Suisse downgrades the
stock to "underperform" from "neutral" and reduces the
target price to 265 rupees from 275 rupees, citing competition from rival Rel
Jio's, a unit of Reliance Industries. HDIL dipped 3% after
Nomura Singapore offloaded more than two million shares of the Mumbai-based
real estate firm through an open market transaction.
