Micro-lender SKS Microfinance’s stock gained 3.6 percent as the company announced the ninth microfinance securitisation during the current financial year of Rs 80.30 crore.

With this, the total sum of securitisations completed for FY14 (year-to-date) is Rs 1,351.21 crore, SKS said in its filing. SKS said, “The entire pool comprises receivables from women entrepreneurs (from 10 non-Andhra Pradesh states) belonging to weaker sections, and qualifies for priority sector treatment as per RBI’s priority sector lending guidelines. The pool is rated AA (SO) by a leading rating agency signifying a high degree of safety regarding timely servicing of financial obligations. Such instruments carry a very low credit risk.”

Sharemarket of SpiceJet are flying off the shelf as it announced another sale slashing airfare. The low-cost carrier has launched a ‘Super Holi Sales’ advance booking scheme today, offering tickets as low as Rs 1999. This is the fourth such super sale offered by SpiceJet so far this year. The five-day offer is applicable on bookings made between March 12 and March 16 for travel between April 14 and June 30. “Fares start from Rs 1999 all inclusive on select routes and flights. Lowest fares are for bookings made 90 days prior to travel, and all bookings under this offer require minimum 30 days advance purchase,??? it said in a statement.

Shares of L&T Finance Holdings and Just Dial rallied 4 percent and 6 percent, respectively on inclusion in futures and options segment of the National Stock Exchange. “The futures and options contracts on L&T Finance and Just Dial would be available for trading w.e.f. Thursday, March 13, 2014. The market lot of these securities shall be informed on March 12 through a separate circular,” the NSE said in its release.

The Sensex fell 22.17 points to 21804.25 and the Nifty declined 14.50 points to 6497.40. About 956 shares have advanced, 770 shares declined, and 85 shares are unchanged. Top lender State Bank of India slipped 1.5 percent followed by HDFC Bank, Axis Bank and ICICI Bank with 0.5-1 percent loss. Capital goods majors Larsen & Toubro and BHEL slipped over 1.5 percent.

State-run oil & gas leader ONGC lost 1.5 percent. Shares of Maruti Suzuki trimmed losses to 1.8 percent from 3 percent as investors raised red flag regarding its Gujarat plant. Domestic fund managers have written a second letter to the management questioning its decision. Also, the fund managers have questioned the role of independent directors on the Maruti board.