Sensex 29681.77 122.59 0.41%
Nifty 8952.35 38.05 0.43%
Shares of Pantaloon Retail India Ltd remained flat after reports said that Competition Commission of India (CCI) has given the green signal to the takeover of Future group's Pantaloon brand business by Aditya Birla Nuvo.
The stock is currently trading at Rs239, up Rs3.15. The stock has hit a high of Rs236 and a low of Rs239.
Total traded quantity on the counter stood at over 0.96 lakh shares.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.