Monday, 14 March 2016

Sensex, Nifty marginally lower; Lupin tanks 6%, Infosys gains -- 15 Mar 2016

Equity benchmarks started off Tuesday on a negative note, tracking tepid Asian cues. The 30-share BSE Sensex fell 34 points to 24770.28 and the 50-share NSE Nifty declined 17.25 points to 7521.50. 

Lupin crashed 6 percent on Goa facility inspection by USFDA. HDFC and Sun Pharma declined over a percent while Infosys, SBI, TCS, L&T, Axis Bank and Maruti Suzuki gained 0.2-0.8 percent.

The Indian rupee has opened lower by 11 paise at 67.22 per dollar on Tuesday against 67.11 a dollar in previous session.

The 30-share index was trading at 24,707, down 96 points or 0.40 per cent. It touched a high of 24,840.77 and a low of 24,706.93 in morning trade. 

The Nifty50 was trading at 7,503 down 35 points or 0.46 per cent. It touched a high of 7,545.20 and a low of 7,501.65 in the first 30 minutes of trade. 

The S&P BSE Midcap Index was down 0.12 per cent and BSE S&P Smallcap Index was trading 0.14 per cent higher. 

State Bank of India (up 1.1 per cent), ICICI BankBSE 1.01 % (up 0.91 per cent), Infosys (up 0.69 per cent), Maruti Suzuki (up 0.68 per cent), and L&T (up 0.48 per cent), were the major Sensex gainers. 

Lupin (down 5.9 per cent), HDFC (down 1.7 per cent), Sun Pharma (down 1.1 per cent), and ITC (down 1.03 per cent) were the major Sensex losers.

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