Wednesday, 19 August 2015

Majesco debuts at Rs 316, Cipla up 2%

Majesco, the insurance subsidiary of Mastek, has opened at Rs 316 against previous close of Rs 438.05 on the National Stock Exchange. 

The stock rallied 5 percent to Rs 331.80 compared to its opening price. Cipla and Sun Pharma topped the buying list, up more than 2 percent followed by ICICI Bank, Lupin, Reliance Industries, Infosys, Wipro, Dr Reddy's Labs, Tata Motors, TCS and Vedanta with 0.2-1 percent upside. 

However, Bharti Airtel plunged nearly 3 percent. HDFC Bank, HDFC, ITC, Larsen & Toubro, Axis Bank, M&M, HUL, Hindalco and Coal India declined 0.5-1 percent.

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