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Friday 8 July 2016

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Sensex, Nifty end lower; Bharti & GAIL dip 2%, Tata Motors up 2%

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Equity benchmarks ended the last session of the week on a negative note. The Sensex fell 74.59 points to 27126.90 and the Nifty declined 14.70 points to 8323.20.The market breadth was negative as about 1545 shares declined against 1161 advancing shares on Bombay Stock Exchange.
Tata Motors, Asian Paints and Hero Motocorp topped buying list on Sensex, up more than 2 percent while Bharti Airtel and GAIL fell over 2 percent.

Cipla shares gained nearly 2 percent intraday as the company is set to launch its first biotech manufacturing facility in South Africa.

Buzzing: Telecom stocks today fell by up to 4 percent hit by concerns that DoT will soon issue demand notice of over Rs 12,500 crore to six telecom operators amid allegations of under-reporting of revenue to the tune of Rs 45,000 crore.


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