Tuesday, 3 May 2016

Sensex, Nifty open weak; Adani Ports falls 5%, Hindalco down -- 4 May 2016

The market has opened lower Wednesday. The Sensex is down 30.28 points or 0.1 percent at 25199.42, and the Nifty down 22.85 points or 0.3 percent at 7724.15. About 208 shares have advanced, 229 shares declined, and 36 shares are unchanged. 

                                                     
NTPC, HDFC Bank, Infosys, Bajaj Auto and ITC are gainers while Adani Ports, Hindalco, ICICI Bank, Tata Motors and Tata Steel are losers in the Sensex.

The Indian rupee slipped in the early trade. It has opened lower by 21 paise at 66.63 per dollar versus 66.42 Tuesday. 

Oil prices retreated overnight, with US crude futures settling down 2.5 percent at USD 43.65 a barrel, while Brent futures settled down 1.9 percent at USD 44.97.

Sensex traded lower by 89 points at 25140.67 while the 50-share Nifty50 traded with losses of 21 points at 7726.05. 

The top gainers on Sensex were NTPC (1.1%), ITC (0.5%), RIL (0.5%), HDFC (0.4%), Hero MotoCorp (0.4%). 

The top losers on Sensex were Adani Ports & SEZ (5.3%), Tata Motors (3.3%), ICICI Bank (2.0%), Bharti Airtel (1.0%), Dr. Reddy's Labs (1.0%). 

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