Monday 31 August 2015

Sensex, Nifty under pressure; HDFC drags, Infosys & TCS up -- 1 Sep 2015

HDFC topped the selling list on Sensex, down 2.4 percent followed by HDFC Bank, L&T, Reliance Industries, SBI, Axis Bank, Lupin, Tata Motors and Bharti with 1-1.9 percent loss.

                                 
The market fell for the second consecutive session today, dragged by banking & financials, capital goods, FMCG and select auto stocks. Weak July core sector data and lower than expected first quarter GDP hurt sentiment. Even weak global cues have an impact on market. The Sensex declined 176.38 points to 26106.71 and the Nifty fell 52.85 points to 7918.45. The BSE Midcap and Smallcap indices lost 0.3-0.7 percent. About 568 shares have advanced, 1139 shares declined, and 60 shares are unchanged on the BSE. HDFC topped the selling list on Sensex, down 2.4 percent followed by HDFC Bank, L&T, Reliance Industries, SBI, Axis Bank, Lupin, Tata Motors and Bharti with 1-1.9 percent loss. However, Infosys, TCS, Sun Pharma and ONGC bucked the trend, up 1-1.5 percent.

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