| Shares of Orient Green Power soared nearly 10 percent to Rs. 14.02 ahead of its board meet on 13, June 2015, to discuss the proposal of merger of one of the wholly-owned subsidiaries with itself and the demerger of biomass business of the company to another entity.|
The stock has hit a high of Rs. 14.29 and low of Rs. 13.42 on BSE today. The total traded quantity was 2.13 lakh shares and two-week average quantity is 0.27 lakh.
On Thursday, the Sensex opened 119 points higher at 26,960, and soon touched a high of 27,000. The BSE index, however, pared gains and slipped into the negative zone by mid-morning trade on the account of weakness in banking and select index heavyweights.
The bears tightened their grip as the day progressed as selling spread across all the sectors. The BSE index plunged to a low of 26,352 - down 648 points in intra-day deals. The Sensex finally ended with a significant loss of 470 points at 26,371.
The NSE Nifty slumped to a low of 7,958, and ended with a heavy loss of 159 points at 7,965. In the process, the NSE index has ended below the 8,000-mark for the first time since 27 October, 2014.
The India VIX (Volatility) index rose 4.3 percent to 17.805.
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