Sensex up 0.9%; Coal India leaps on debut | business | Hindustan Times
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Sensex up 0.9%; Coal India leaps on debut

business Updated: Nov 04, 2010 09:35 IST

Reuters
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The BSE Sensex rose 0.9% in early trade on Thursday, on an upbeat listing for Coal India, the country's largest ever share offering, with strong Asian markets supporting sentiment.

At 9:16 am, the 30-share BSE index was up 0.85% at 20,639.47 points, with all components advancing.

Shares in Coal India, the world's largest coal miner, opened at 295.70 rupees compared with an issue price of 245 rupees, after the Indian government raised $3.4 billion.

The stock extended gains and was trading at 315 rupees.

The 50-share NSE index was up 0.8% at 6,210.70.