Sensex rises 100 pts, Nifty eyes 8300; DRL down, Mphasis up -- 21 Oct 2015

 Dr Reddy's Labs topped selling list on Sensex, down 2 percent followed by Sun Pharma, Lupin, HDFC, L&T, Maruti and BHEL with marginal losses.
          


               

    The market recouped previous day's losses to trade marginally higher. Oil, technology and banks stocks provided support to market while pharma and capital goods dragged. The Sensex rose 100.98 points to 27407.81 and the Nifty climbed 22.30 points to 8283.95. The broader markets traded in-line with benchmarks, rising 0.3 percent. The market breadth remained positive as about 1159 shares advanced against 626 shares declining on BSE. IT services provider Mphasis' September quarter consolidated net profit grew by 18.4 percent sequentially to Rs 185 crore, boosted by operational numbers. Dr Reddy's Labs topped selling list on Sensex, down 2 percent followed by Sun Pharma, Lupin, HDFC, L&T, Maruti and BHEL with marginal losses. Reliance Industries, Bharti Airtel and Vedanta rallied 1-1.8 percent. Infosys, HDFC Bank (ahead of earnings), Axis Bank, TCS, ITC and ONGC gained 0.3-0.9 percent.



For More Detail Visit -- http://www.allianceresearch.in/
Or Call On -- 9993716323, 0761-4032175