GAIL, Reliance, ONGC, BHEL and HUL are top gainers while Axis Bank, Tata Steel, Infosys, Dr Reddy's Labs and Coal India are losers in the Sensex.
US-based consumer goods major Procter & Gamble (P&G) is looking to increase stake in its Indian arm and is considering buy-back as an option, reports CNBC-TV18. P&G currently holds about 70.6 percent in the Indian entity and plans to increase the stake up to 75 percent, sources say. Two bankers have been reportedly appointed to chart out the possibility of increasing the stake, pricing and such and the deal is expected to be finalised within the next 2-3 months.
