Monday 16 June 2014

Sensex slips 100 pts

Media report suggests that ONGC will hike stake in Cairn’s Rajasthan oil block. ONGC currently holds 30 percent stake in Cairn’s Rajasthan block. Cairn India rallied 1.5 percent and ONGC rose 0.6 percent.



The Sensex fell 111.59 points to 25116.58 and the Nifty lost 37.35 points to 7504.75. About 961 shares have advanced, 1620 shares declined, and 93 shares are unchanged. The rupee slipped 28 paise to 60.04 a dollar in afternoon trade.



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