Wednesday, 14 October 2015

Sensex, Nifty fall for 3rd consecutive day; TTK Prestige soars over 11% -- 14 Oct 2015


The BSE Sensex and NSE Nifty fell for the third consecutive trading session on Wednesday. Sensex closed 66.87 points down at 26,779 while Nifty closed 23.80 points down at 8,107.90.
In the 50-share index, Hindalco, ACC, Lupin, Reliance and HDFC gained between 1.15 per cent and 2.85 per cent. On the other hand, TCS, Cairn India, ZEEL, HUL and Tech Mahindra slid between 2.50 per cent and 4.55 per cent.
The top gaining sectoral indices on the BSE were Consumer Durables up by 1.41 per cent, Healthcare up by 0.36 per cent, Oil & Gas up by 0.07 per cent, while IT down by 1.32 per cent, TECk down by 1.16 per cent, Auto down by 0.72 per cent, Power down by 0.70 per cent, metal down by 0.30 per cent were the losing indices on BSE.
The weakness in the domestic equity markets was visible from the very beginning amid sluggish global cues and as the IT bellwether TCS posted a largely muted set of second quarter earnings post market hours on Tuesday. For the quarter ended September 30, TCS’ revenue grew 3 per cent sequentially, or 5.8 per cent year-over-year.
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