Friday, 17 February 2017

Indiabulls Housing Finance jumps 6% on inclusion in Nifty50 index

Shares of Indiabulls Housing Finance surged 6 per cent on the Bombay Stock Exchange after the company was included in NSE’s Nifty 50 index. Boosted by the development, shares of company gained as much as 6.00 per cent to hit an intraday high of Rs 881.70 apiece on the Bombay Stock Exchange.

In a similar fashion, stocks of company rose 3.11 per cent to Rs 857.65 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,554.92, up 253.65 points, or 0.90 per cent.

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