Market wrap - up: JSPL tanks on Coalgate woes
Jindal Steel & Power slumped over 23% after media reports the Central Bureau of investigation (CBI) has registered an FIR against Congress MP and company's Chairman Naveen Jindal in the coal scam case. The Market Breadth indicating the overall health of the market was week. The BSE Sensex and CNX Nifty were 272.79 & 83.70 points down respectively.
Infosys Jumped after Q1 Results!
Infosys jumped in volatile trade after the company retained its guidance of 6% to 10% growth in revenue in dollar terms for the year ending 31 March 2014 (FY 2014) after announcing Q1 June 2013 results before trading hours. Other stocks from the IT pack also gained after Infosys' Q1 results, with TCS and HCL Technologies hitting record high.