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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It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article