Thursday 18 February 2016

Sensex, Nifty off day's high; Midcap in red, Reliance & SBI drag -- 18 Feb 2016

                                     
The 30-share BSE Sensex lost more than 200 points from day's high in afternoon trade, dragged by Reliance Industries, HDFC, Maruti Suzuki and Axis Bank. Healthcare, technology, FMCG and select banks stocks remained supportive. The Sensex rose 147 points to 23528.87 and the Nifty advanced 45.50 points to 7153.95. The BSE Midcap turned negative while the BSE Smallcap index was up 0.3 percent. The market breadth was slightly positive as about 1324 shares advanced against 1059 declining shares on the BSE. Reliance Industries, Maruti Suzuki, Axis Bank, Adani Ports, SBI, Tata Steel and BHEL were down 1-4 percent while Infosys, ICICI Bank, ITC, Dr Reddy's Labs, L&T, ONGC and TCS gained 1-4 percent.

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