Nifty consolidates for 3rd consecutive day; Indiabulls Housing up 4%
Equity benchmarks continued to consolidate for third consecutive session today, with the Nifty hovering around 9300 level.
The 30-share BSE Sensex was up 5.25 points at 29,923.65 and the 50-share NSE Nifty gained 5.55 points at 9,309.60.
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The 30-share BSE Sensex was up 5.25 points at 29,923.65 and the 50-share NSE Nifty gained 5.55 points at 9,309.60.
The market breadth also turned in favour of declines. About 1450 shares declined against 1295 advancing shares on the BSE.
Indiabulls Housing, HDFC, Maruti Suzuki, BPCL and ONGC were top gainers among Nifty stocks, up 2.5-4.5 percent whereas Lupin, Bharti Airtel, Sun Pharma, Tata Motors, Ambuja Cements and ACC were under pressure.
Buzzing: Tata Motors share price fell 2 percent intraday on dismal sales performance in April but passenger cars sales growth remained strong.
Its total sales (including exports) in April 2017 were at 30,972 vehicles, degrowth of 21 percent over 39,389 vehicles sold in April 2016, hit by commercial vehicle sales.
The commercial vehicles sales declined 36 percent year-on-year to 16,017 units during the month, which was an unusual decline, in exceptional circumstances, the company said in its filing.
Indiabulls Housing, HDFC, Maruti Suzuki, BPCL and ONGC were top gainers among Nifty stocks, up 2.5-4.5 percent whereas Lupin, Bharti Airtel, Sun Pharma, Tata Motors, Ambuja Cements and ACC were under pressure.
Buzzing: Tata Motors share price fell 2 percent intraday on dismal sales performance in April but passenger cars sales growth remained strong.
Its total sales (including exports) in April 2017 were at 30,972 vehicles, degrowth of 21 percent over 39,389 vehicles sold in April 2016, hit by commercial vehicle sales.
The commercial vehicles sales declined 36 percent year-on-year to 16,017 units during the month, which was an unusual decline, in exceptional circumstances, the company said in its filing.
For more real-time market information and new :-
Call Us @ - 9329336363
Email Us @ - info@researchinfotech.in
Visit - http://www.researchinfotech.in/
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