The stock markets in Mumbai witnessed fall in almost all stock prices. The Bombay Stock Exchange’s benchmark index, Sensex closed at 9715.3, down by 261.7 points. The NSE’s Nifty-50 closed at 2954.3, down again by 87.4 points. In bullion market, the yellow metal is being quoted higher at Rs.13,210/10gm and silver at Rs.18,002/kg. Nymex crude was trading lower at around 43.1 US dollars a barrel. The US dollar was at around Rs.47.6.
As per the report, Satyam’s deal with Maytas Infra is called off due to opposition from the Satyam’s Board. The stock was being traded at 30% lower than yesterday’s price.
Anil Dhirubhai Ambani Group (ADMG) could face hefty fine if the Directorate of Enforcement (ED) proves charges of illegal withdrawals from their foreign bank accounts.
A lot is expected from Reliance and ADMG to the shareholders on Dhirubhai Ambani’s birthday which falls on December 28. RPL may go on stream on that day.
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