At 2:30 pm, National Stock Exchange’s Nifty was at 5959.80, up 74.85 points or 1.27 per cent. The broader index touched intraday high of 5965.35 and low of 5885.05.Bombay Stock Exchange’s Sensex was at 19845.81, up 251.06 points or 1.28 per cent. It hit a high of 19864.13 and low of 19445.42 in trade so far.

The Sensex, which rose to 19,927.30, its best intra-day level since 17 January 2008, ended the session with a gain of 311.35 points or 1.59% at 19,906.10, its highest close since 16 January 2010. The Nifty ended with a big gain of 95.50 points or 1.62% at 5980.45, slightly off the day's high of 5989.50.

Infrastructure Development Finance Company Ltd has announced that on September 20, 2010, pursuant to IDFC Employee Stock Option Scheme 2007, the Company has granted to its employees 1,00,000 options equivalent to 1,00,000 equity shares at a price of Rs. 193.45 per equity share.

The stock was trading at Rs.193.70, up by Rs.0.35 or 0.18%. The stock hit an intraday high of Rs.194.80 and low of Rs.192.60.

Lupin Ltd has announced that the Allotment Committee of Directors at Its meeting held on September 20, 2010 has allotted 102800 fully paid up equity shares of Rs. 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock Option plans of the Company.

In view of the above, the issued and paid up capital of the Company has been increased to Rs. 89,13,50,840 consisting 44,56,75,420 equity shares of Rs. 2/- each. The stock was trading at Rs.389.85, up by Rs.2.25 or 0.58%. The stock hit an intraday high of Rs.396 and low of Rs.387.05.

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Stock Options News -Aditya Birla Nuvo Ltd has announced that the ESOS Compensation Committee of the Board of Directors of the Company on August 20, 2010 has approved the re-pricing of the existing outstanding Stock Options viz. 1,13,544 and 63,027 granted under Tranche I on August 23, 2007 and Tranche II on January 25, 2008 respectively at an exercise price of Rs. 687/- per option, without any change in the vesting schedule and other terms and conditions governing the said Stock options.

The Board approved grant of 17,174 Stock Options (Tranche III) to the eligible employees of the Company under ESOS-2006, each option being convertible into one equity share of the Company upon vesting, at an exercise price of Rs. 687/- per option.

The stock closed the day at Rs.798.05, down by Rs.18.55 or 2.27%. The stock hit an intraday high of Rs.819.85 and low of Rs.793.