1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Sensex tanks 300 pts, Nifty below 8450; Cipla falls 4%

Discussion in 'Commodity vs Dollar' started by allianceresearchjabalpur, Aug 17, 2015.

  1. allianceresearchjabalpur

    Joined:
    Aug 11, 2015
    Messages:
    56
    Likes Received:
    0
    Location:
    jabalpur
    Cipla loses 4 percent while Vedanta and Hindalco are down 3 percent. Tata Motors and ONGC are among major losers in the Sensex.
    The Sensex is down 301.25 points or 1 percent at 27766.06 and the Nifty is down 79.95 points or 0.9 percent at 8438.60. About 622 shares have advanced, 825 shares declined, and 80 shares are unchanged. Cipla loses 4 percent while Vedanta and Hindalco are down 3 percent. Tata Motors and ONGC are among major losers in the Sensex. The market has opened flat. The Sensex is down 9.19 points at 28058.12 and the Nifty is up 11.40 points at 8529.95. About 451 shares have advanced, 216 shares declined, and 78 shares are unchanged. Hindalco, SBI, Sun Pharma, Wipro and Tata Steel are top gainers in the Sensex. Among the losers are Dr Reddy's Labs, Tata Motors, Hero, L&T and ONGC. The Indian rupee slipped in the early trade. It has opened lower by 10 paise at 65.10 per dollar versus 65 Friday. Agam Gupta of StanChart Bank said, "The dollar will probably be stronger against INR due to the trade data which was released on Friday after market close. There should be interest from local government banks to sell USD on upticks to 65.20-65.30/dollar area."

    commodity tips
     
Loading...

Share This Page