The Bank can now sell its shareholding of 48,18,292 equity shares in CARE in part or whole, subject to compliance with all applicable laws, regulations and guidelines. The propose sale of shares would be made in one or more tranches, according to IDBI's statement to BSE.

For cues investors will also watch the US jobless data which is to be released later this week.

At the end of quarter ending September 2014, the public sector lender held early 23 lakh shares of the National Stock Exchange (NSE) representing a 5% stake in the bourse.

At 0944 hours, a combined 1.26 million shares already changed hands against an average around 1.5 million shares that were traded daily in past two weeks on NSE and BSE.

A total 32.3 million shares representing 2.8% of total equity of Infosys changed hands in multiple block deals in early morning trade. However, the identity of the buyers and sellers could not be yet ascertained.

The stock opened at Rs 2,165 and hit a low of Rs 2,139 on NSE. A combined 188,234 shares have changed hands on the counter till 0916 hours on BSE and NSE.

Domestic sales during the month stood at 100,024 units, up 17% from 85,510 units in November previous year, Maruti Suzuki India said in a statement.

At 8:20AM, the early indicator SGX Nifty was up 5 points at 8,540.

On October 10, 2014 the board of directors of Infosys had recommended a bonus issue of one equity share for every equity share held.

The bank has fixed record date as December 05, 2014 for the purpose of ascertaining the eligible shareholders who would be entitled to receive 5 equity shares of nominal value of Rs 2 each in lieu of 1 equity share of nominal value of Rs 10 each of the bank, ICICI Bank said in a statement.