Sunday, 20 December 2015

Nifty opens below 7750, Sensex weak; Sun Pharma tanks 6% -- 21 Dec 2015

The market has kick-started the truncated week in red. The Sensex is down 94.31 points or 0.4 percent at 25424.91 and the Nifty is down 16.30 points or 0.2 percebt at 7745.65. About 356 shares have advanced, 183 shares declined, and 54 shares are unchanged.


                                                   
The Sensex is down 94.31 points or 0.4 percent at 25424.91 and the Nifty is down 16.30 points or 0.2 percebt at 7745.65. About 356 shares have advanced, 183 shares declined, and 54 shares are unchanged. Sun Pharma is down 6 percent followed by Infosys, Wipro, HUL and Reliance are major losers in the Sensex. Among top gainers are Hindalco, Tata Motors, Bharti Airtel, Hero MotoCorp and Lupin.

The 30-share index recouped some of the morning losses, but was still trading at 25,480, down 40 points or 0.15 per cent. It touched a high of 25,487.91and a low of 25,413.54 in morning trade. 

The Nifty50 was at 7,755 down 7 points or 0.10 per cent. It touched a high of 7,758.50 and a low of 7,733.45 in the first 30 minutes of trade.

The S&P BSE Midcap Index was up 0.36 per cent and BSE S&P Smallcap Index was trading 0.23 per cent higher. 

Hindalco (up 1.2 per cent), Tata Motors (up 0.95 per cent), Lupin (up 1 per cent), and HDFC (up 0.82 per cent) were among the major Sensex gainers. 

Sun Pharma (down 6 per cent), Infosys (down 1.01 per cent), Wipro (down 0.78 per cent), HUL (down 0.42 per cent), and TCS (down 0.25 per cent) were among the major Sensex losers.

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