Nitesh Estates scrips plunge 6% on debut

 Shares of Nitesh settled down 5.68 per cent at Rs 50.95 on the Bombay Stock Exchange, over the issue price of Rs 54. During the day the stock fell by 11 per cent to touch an intra-day low of Rs 48.05. On NSE, the Nitesh counter closed down 5.18 per cent at Rs 51.20.
This is despite the main indices gaining nearly half-a-percentage point and especially BSE Realty Index being one of biggest gainers. A total of 3.80 crore Nitesh shares changed hands on both SEs.

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