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Monday, February 8, 2016

Sensex, Nifty fall 1%; TCS & Infosys crack, Sun Pharma & HUL up

Equity benchmarks remained under pressure in morning trade with the Sensex falling 257.33 points or 1.06 percent to 24030.09. The Nifty reclaimed 7300 amid sell-off, down 79.90 points or 1.08 percent to 7307.35.

Infosys and TCS plunged more than 3.5 percent followed by HDFC, HDFC Bank, ITC, ICICI Bank, Maruti Suzuki and Tata Motors with 1-2 percent loss while Sun Pharma, HUL, M&M, GAIL and NTPC gained 1-2 percent.

Headlines for the day:

Tamil Nadu objects to GAIL's Rs3,000-cr project.
Steel industry to seek anti-dumping duty.
Jet Airways reduces debt.
HCL to launch IoT incubation centre for Microsoft.

RESULT’S ON 9th  FEB  2016 :
PNB, SAIL, APOLLOTYRE, BHARAT FORGE, AURO PHARMA, CESC, BRITANNIA, DR REDDY, GAIL, HINDALCO, MOTHERSUMI, PETRONET

Trend in FII flows:
The FIIs were net  sellers of  Rs -84.56 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 279.49 Cr, as per the provisional figures released by the NSE.

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