Tuesday, 29 December 2015

Sensex, Nifty open flat; Tata Steel, Tata Power support -- 30 Dec 2015

The market has opened marginally higher again on Wednesday. The Sensex rose 48.81 points to 26128.29 and the Nifty advanced 12.10 points to 7941.05. About 710 shares have advanced, 207 shares declined, and 62 shares are unchanged on the BSE. Tata Steel, Bharti Airtel, Tata Motors, Dr Reddy's Labs, HDFC, Tata Power, Cairn India and Vedanta topped buying list. ICICI Bank, Reliance Industries, Axis Bank, M&M, Sun Pharma, Bosch and TCS were marginally lower. 

The 30-share index was trading at 26,107, up 27 points or 0.11 per cent. It touched a high of 26,130.20 and a low of 26,099.54 in morning trade. 

The Nifty50 was at 7,933 up 5 points or 0.06 per cent. It touched a high of 7,944.75 and a low of 7,933.25 in the first 30 minutes of trade. The S&P BSE Midcap Index was up 0.30 per cent and BSE S&P Smallcap Index was trading 0.26 per cent higher. 

Tata Steel (up 1.2 per cent), Bharti Airtel (up 0.91 per cent), Dr Reddy's Laboratories (up 0.90 per cent), Tata Motors (up 0.77%) and Hindalco (up 0.77 per cent) were among the major Sensex gainers. 

ICICI Bank (down 0.41 per cent), RIL (down 0.40 per cent), Hero MotoCorp (0.27 per cent), and M&M (down 0.28 per cent) were among the major Sensex losers. 

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