Thursday 3 December 2015

Sensex, Nifty still down; Reliance, Bharti top gainers -- 3 Dec 2015

NTPC, Reliance, Bharti Airtel, Axis Bank and Hindalco are top gainers in the Sensex. Vedanta, M&M, Tata Motors, ITC and BHEL are among losers.

                                 
The market is still reeling under pressure as the Sensex is down 169.33 points or 0.6 percent at 25948.52. The Nifty slips 48.50 points or 0.6 percent at 7882.85. About 1279 shares have advanced, 1248 shares declined, and 140 shares are unchanged. NTPC, Reliance, Bharti Airtel, Axis Bank and Hindalco are top gainers in the Sensex. Vedanta, M&M, Tata Motors, ITC and BHEL are among losers. Gold prices fell by Rs 21 percent to Rs 25,027 per 10 grams in futures trade today as participants trimmed positions, tracking a weak trend overseas. Analysts said a weak trend in the overseas markets where gold sank to the lowest level in more than five years after Federal Reserve Chair Janet Yellen signaled that the US economy looks strong enough for an interest rate hike this month, eroded demand for the precious metal, kept pressure on gold futures here.  

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