Nifty ends F&O expiry below 7750, Sensex flat; banks drag, IT up

The Nifty failed to hold 7750 level, rising 3.20 points to 7738.40. The Sensex gained 3.28 points at 25341.86. IT and FMCG stocks supported while infra and select banks stocks dragged.

About 1310 shares advanced against 1241 declining shares on BSE.

HDFC, SBI, M&M, Adani Ports, GAIL and Tata Steel were down 1-1.7 percent while ITC, HDFC Bank, Sun Pharma, HUL, Bajaj Auto and NTPC gained 1-2 percent.

31-03-2016

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Indian ADRs: HDFC Bank, Dr Reddy’s Lab, ICICI Bank up

wall_street_356_0539_356Indian ADRs ended higher on Wednesday.

In the banking space, ICICI Bank rose 0.26 percent at USD 7.10.

HDFC Bank gained 1.70 percent at USD 60.86.

In the IT space, Infosys rose 0.47 percent at USD 19.16.

Wipro added 0.13 percent at USD 12.53.

In the other sectors, Tata Motors rose 0.36 percent at USD 29.03.

Dr Reddy’s Laboratories advanced 1.05 percent at USD 45.48.

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Sensex up 438 pts, Nifty ends above 7700; metals, banks rally

The Sensex surged 438.12 points to 25338.58 and the Nifty rose 138.20 points to 7735.20, led by positive global cues and banks rally.

About 1866 shares advanced against 755 declining shares on the BSE.

ICICI Bank, Tata Motors, Lupin, SBI, Tata Steel and Hindalco Industries surged 4-6 percent while M&M and HDFC lost 1 percent.

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