Sunday, 1 May 2016

Nifty slips below 7800; Sensex down; ICICI Bank, BHEL weak -- 2 May 2016

The market has opened lower on the back of weak global cues. The Sensex is down 176.29 points at 25430.33, and the Nifty is down 51.10 points at 7798.70. About 390 shares have advanced, 511 shares declined, and 56 shares are unchanged. 

                                                     
ICICI Bank, M&M, Dr Reddy's Laboratories, BHEL and Wipro are the top loser, while Axis Bank, HDFC, Lupin, Hero Motocorp, BPCL and YES Bank are the top gainers.

The Indian rupee opened lower by 8 paise at 66.41 per dollar on Monday against 66.33 Friday.

The S&P BSE Sensex traded lower 187 points at 25418.68 while the NSE Nifty50 was down 50 points at 7799.20. 

The top gainers on the index were Lupin (0.9%), Axis Bank (0.8%), Hero MotoCorp (0.6%), HDFC (0.2%), Cola India (0.1%). 

The top losers on the index were ICICI BANK (2.8%), Bajaj Auto (1.4%), Adani Ports & SEZ (1.4%), Dr. Reddy's Labs (1.2%), ITC (1.2%). 

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