MUMBAI Feb 5 Shares in Kingfisher Airlines Ltd fell as much as 6.4 percent on Tuesday after the debt-ridden airline posted a 7.55 billion rupees ($142 million) net loss in the October-December quarter.
Kingfisher shares were down 1.6 percent as of 0351 GMT. (Reporting by Manoj Dharra; Editing by Rafael Nam)
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With the Nifty breaching 8,500, sentiments are again bullish. But markets have been in the 8,200-8,600 range for some time and stocks across the board do not give the required confidence except for the liquidity factor. Many frontline stocks are not participating on the upside and the core sector is in a downtrend, writes Ambareesh Baliga. Column