Nifty ends below 7000, Sensex tanks 152pts; banks up on Budget

The Sensex ended down 152.30 points or 0.7 percent at 23002, and the Nifty slipped 42.70 points or 0.6 percent at 6987.05.

About 1090 shares have advanced, 1390 shares declined, and 159 shares were unchanged.

ONGC, BHEL, Maruti, Infosys and L&T were major losers while ICICI Bank, HDFC Bank, Reliance, SBI and Dr Reddy’s Labs were major gainers in the Sensex.

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Indian ADRs: HDFC Bank, Tata Motors gain; Dr Reddy’s Labs slips

wall_street_356_0539_356Indian ADRs ended mostly higher on Friday.

In the banking space, ICICI Bank was up 0.13 percent at USD 5.31.

HDFC Bank added 0.8 percent at USD 52.58.

In the IT space, Infosys was marginally up 0.02 percent at USD 16.89.

Wipro was down 0.04 percent at USD 11.30.

In the other sectors, Tata Motors gained 0.06 percent at USD 22.35.

Dr Reddy’s Laboratories fell 0.34 percent at USD 43.25.

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Macro Economic Survey 2016: Sensex gains 178 pts, Nifty at 7030 ahead of Budget

The market has ended higher in the last trading session ahead of Union Budget. The Sensex ended up 178.30 points or 0.8 percent at 23154.30, and the Nifty gained 59.15 points or 0.8 percent at 7029.75.

About 1039 shares have advanced, 1435 shares declined, and 176 shares are unchanged.

Coal India, SBI, Hindalco, NTPC and L&T were top gainers in the Sensex. Among the losers were Bajaj Auto, Hero, Lupin, Bharti and Wipro.

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