Wednesday, December 12, 2007

The market has opened slightly lower Wednesday, but key indices holding on to the significant levels. The The Sensex is currently at 20,135, down 154 points from the previous close. Nifty is at 6016, down 80 points.

The Television Eighteen India board has approved the acquisition of at least 53% stake in Infomedia India from ICICI Venture managed fund. TV18 is currently trading at Rs 499.95, up 3.1% and Infomedia is at Rs 292, up a whopping 13%, on the BSE.

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