Sensex nosedives 179 points; new-economy stocks tumble The dividing line between the old economy and the new economy stocks, which had become more pronounced over the last few sessions, went in for a toss on Monday, as almost all the stocks joined the general market slide. Vikas WSP set to privately place equity with UK firm Genesis Investment Management of UK has given its consent to invest Rs 146 crore by subscribing to the shares of Vikas WSP. "The pricing," says BD Agarwal - Joint Managing Director of Vikas WSP, "will be as per Sebi-approved formula". Satyam board to consider stock split on March 22 Despite the much speculated stock-split in Satyam making some headway in the form of the company's decision to consider a split, the scrip on the BSE failed to buck the market trend on Monday and closed lower. Sensex may fall further, touch 4715 points
feedback@financialexpress.com