Fine dining restaurant chain operator Speciality Restaurants (SPL) has managed to get over subscribed by 2.54x, indicating that the investor fraternity has given it a fair response.

As per the data available on the NSE website, the offer of Speciality Restaurants has managed to cough up a mere 2 per cent response from the investor fraternity.

The markets recovered from their initial fall today. The falling rupee was also seen recovering from the near 55 levels. A good financial performance by SBI has helped the lift the market sentiments.

After opening on weak note today, the Indian markets recovered all of their losses post the announcement of SBI's Q4 results, which came in better than the street's expectation. The Sensex and Nifty are both marginally up by 0.20%.

The markets have opened in the negative again today owing to the strong negative cues. The rupee has recorded a new low.

JK Lakshmi Cement, a leading player in north India, reported strong financial numbers for the March 2012 quarter. The net sales of the company grew by 26 per cent on a YoY basis to Rs 526 crore.

Indian equity markets give up yesterday’s marginal gains and open negative. The SGX Nifty is trading down by 85 points at 4757 indicating a gap down opening to markets today.