Business

Ceat strengthens on fund-raising plans

The stock hit a high of Rs 383 on the National Stock Exchange.

Adequate stock position in physical market on higher supplies from producing regions adds to pressure on prices

HDIL, Unitech, Indiabulls Real Estate, Sobha, Delta Corp and Oberoi Realty were up 2%-8% on the NSE.

Speculators offloaded positions due to sluggish demand in the spot market

Speculators trimmed positions amid a weak trend overseas and sluggish demand in the spot market