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India Hot Stocks:Jet Airways down on simulated strike

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Stocks

   

Tue Sep 8, 2009 10:40am IST

(Adds Jet Airways)

MUMBAI, Sept 8 (Reuters) - The following stocks were on the move at the BSE on Tuesday.

At 10:38 a.m., the benchmark 30-share BSE index .BSESN was up 0.32 percent at 16,067.41 points.

The 50-share National Stock Exchange Index .NSEI was up 0.27 percent at 4,795.95 points.

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* Jet Airways Ltd (JET.BO) fell as much as 13 percent to 221.8 rupees after the airline said its pilots resorted to a simulated strike, hurting operations.

Shares pared losses and were trading at 249.5 rupees, down 2.25 percent.

(10.37 a.m.)

(nandita.bose@thomsonreuters.com)

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* Gujarat NRE Coke Ltd (GJNC.BO) rose as much as 7.17 percent to 60.5 rupees after the firm said its board will meet on Sept. 19 to consider a bonus issue of 'B' class shares.

Shares were up 4.16 percent to 58.8 rupees.

(10.06 a.m.)

(nandita.bose@thomsonreuters.com)

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* Shares in Cholamandalam DBS Finance (CHLA.BO) hit its upper limit in opening trade on Tuesday after Reuters reported the financial services unit of India's Larsen & Toubro Ltd (LART.BO) is in talks to buy the firm's domestic mutual fund operation, traders said.

Shares were up 9.94 percent to 69.65 rupees.

(10.00 a.m.)

(nandita.bose@thomsonsonreuters.com)

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