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Thursday, May 12, 2016

Equity Tips

Nifty still below 7850, Sensex wobbles; Bharti, HUL laggards

The market is still dragging with weakness in banks, capital goods, IT and metals. The Sensex is down 232.77 points or 0.9 percent at 25557.45, and the Nifty down 67.50 points or 0.8 percent at 7832.90.

About 670 shares have advanced, 994 shares declined, and 96 shares are unchanged.

Adani Ports, Tata Motors and Asian Paints are top gainers while Dr Reddy's Labs, Bharti Airtel, HUL, ICICI Bank and Tata Steel are losers in the Sensex.

Major Headlines of the day:
Bharti Airtel sets a benchmark of 1.5% for call drops for itself.
Nestle struggles to get out of the woods.
TVS Srichakra plans Rs160 crore capex.
Vu Tech to enter more cities, eyes Rs500 cr sales in FY17

Trend in FII flows:The FIIs were net  sellers of  Rs -24.14 Cr in the cash segment on Thursday while the DIIs were net buyers of  Rs 258.35 Cr, as per the provisional figures

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