Thursday 6 August 2015

Nifty reclaims 8600, Sensex up 100 pts; banks lead, L&T up -- 6 Aug 2015

Shares of L&T, Tata Motors, SBI, Lupin, Dr Reddy's Labs, M&M and BHEL gained 1.5-2 percent followed by HDFC Bank, TCS and HDFC with 0.5-1 percent upside.

                
The market gained strength in afternoon trade after a consolidation. The Sensex rallied 113.84 points to 28336.92 and the Nifty hit 8600 level, up 33.25 points to 8601.20 supported by banking & financials, capital goods and healthcare stocks. Shares of L&T, Tata Motors, SBI, Lupin, Dr Reddy's Labs, M&M and BHEL gained 1.5-2 percent followed by HDFC Bank, TCS and HDFC with 0.5-1 percent upside. However, ITC and Coal India topped the selling list on Sensex, down 1.5 percent each followed by Reliance Industries, Wipro, Infosys, Wipro and Maruti with marginal losses.

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