Sensex ends lower, Nifty ends at 7556; banks & auto drag, ITC up

The 30-share BSE Sensex declined 45.86 points to 24824.83 and the 50-share NSE Nifty dropped 7.60 points to 7555.95. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.6 percent and 0.3 percent, respectively.

About 1422 shares advanced against 1264 declinnig shares on the BSE. ICICI Bank crashed 5.6 percent.

SBI, Maruti Suzuki, Axis Bank, HUL and Bank of Baroda were down 2-4 percent while Adani Ports, Coal India, Bharti Airtel, Cipla, L&T, Yes Bank and ACC gained 2-4 percent.

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Indian ADRs: HDFC Bank, Tata Motors, Infosys gain

wall_street_356_5813_356Indian ADRs ended higher on Friday.

In the IT space, Infosys was up 0.61 percent at USD 17.91.

Wipro added 0.35 percent at USD 11.72.

In the banking space, ICICI Bank rose 0.11 percent at USD 6.65.

HDFC Bank jumped 2.61 percent at USD 60.33.

In the other sectors, Tata Motors gained 1 percent at USD 24.98.

Dr Reddy’s Laboratories was up 1.65 percent at USD 44.93.

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Sensex ends up 401pts, Nifty at 7563; auto, pharma, IT rise 1-2%

The market has ended with big gains. The Sensex closed up 401.12 points or 1.6 percent at 24870.69 and the Nifty was up 138.90 points or 1.9 percent at 7563.55.

About 1561 shares have advanced, 1043 shares declined, and 183 shares are unchanged.

Hero MotoCorp, Sun Pharma, Coal India, Bajaj Auto and Dr Reddy’s Labs were top gainers while SBI, Tata Steel, ICICI Bank, NTPC and ITC were losers in the Sensex.

 

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