Thursday 7 April 2016

Sensex, Nifty flat; Infosys, BHEL, Hero early losers -- 8 April 2016

The market started off last day of the week on a negative note, tracking weak Asian cues. The Sensex fell 45.88 points to 24639.54 and the Nifty declined 12.25 points to 7534.20. 

Technology stocks were under pressure while FMCG and private banks gained strength. 

                                             
Infosys, BHEL, Hero Motocorp, Tata Steel, Maruti Suzuki and Ambuja Cements were early losers, down 1 percent each while Dr Reddy's Labs, Tata Motors, Lupin, Coal India, NTPC, Tata Power and BPCL were gainers.

The 30-share index was trading at 24,685, down 0.03 point or 0.01 per cent. It touched a high of 24,695.10 and a low of 24,625.37 in morning trade. 

The Nifty50 was trading at 7,550 up 4 point or 0.05 per cent. It touched a high of 7,554.10 and a low of 7,530.95 in the first 30 minutes of trade.


The S&P BSE Midcap Index was up 0.23 per cent and BSE S&P Smallcap Index was trading 0.06 per cent higher. 

Dr Reddy's Laboratories (up 1.2 per cent), BHEL (up 1.2 per cent), Tata Motors (up 1.2 per cent), Lupin (up 1.09 per cent), and ICICI Bank (up 0.58 per cent), were the major Sensex gainers.


Hero MotoCorp (down 1.1 per cent), Infosys (down 1.07 per cent), Maruti Suzuki (down 0.8 per cent) and Tata Steel (down 0.6 per cent) were the major Sensex losers.



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