Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
From the retail pack, Future Group firm Pantaloon Retail surged 32.61 per cent to Rs 209, while Provogue India gained 17.83 per cent to Rs 18.90 on the BSE.
Thirty-two IPOs that have hit the capital market in the first 10 months of calendar year 2005 have collectively seen an erosion of market value worth Rs 3,682 crore after their listing on the bourses.
Branded fashion garments maker Provogue (India) will hit the capital market on June 10 with its initial public offer to raise up to Rs 60 crore (Rs 600 million) for setting up new manufacturing facilities and retail stores.
The Cabinet approval would help more than 200 fashion and apparel brands who are lined up to enter India, including international labels such as Avva, Colin's, Damat, Tudba Deri and Dufy
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
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