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Profit booking drags Sensex Nifty; small midcaps rally

Aug 20, 2014, 01.30 PM IST | Source: Moneycontrol.com

Midcaps and smallcaps are outperforming. Cipla, Sun Pharma, Dr Reddy’s Labs, Wipro and NTPC are top gainers in the Sensex. Among the top losers in the Sensex are ONGC, GAIL, HUL, M&M and SBI.

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Profit booking drags Sensex & Nifty; small & midcaps rally

Midcaps and smallcaps are outperforming. Cipla, Sun Pharma, Dr Reddy’s Labs, Wipro and NTPC are top gainers in the Sensex. Among the top losers in the Sensex are ONGC, GAIL, HUL, M&M and SBI.

13:07

The News International Team

It’s a rangebound day on Dalal Street. The Nifty consolidates around 7900. The Nifty is down 15.75 points at 7881.75 and the Sensex is down 71.01 points, at 26349.66. About 1526 shares have advanced, 1157 shares declined, and 112 shares are unchanged.

Midcaps and smallcaps are outperforming. Cipla, Sun Pharma, Dr Reddy’s Labs, Wipro and NTPC are top gainers in the Sensex. Among the top losers in the Sensex are ONGC, GAIL, HUL, M&M and SBI.

OBC tanks more than 3 percent on reports that one official in Mumbai misappro’priated funds to the tune of Rs 180 crore. OBC management tells CNBC-TV18 that they have Rs 110 crore have been recovered and the official has been suspended.

12:00

Sensex consolidates; pharma surges; FMCG & autos decline

Sun Pharma and Cipla kept top positions in the buying list, up nearly 3 percent followed by Dr Reddy’s Labs with 1.8 percent. Wipro and Tata Steel were other gainers, rising over a percent.

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11:05

Sensex, Nifty take breather; ONGC, SBI, M&M laggardsRead More »

ONGC, Axis Bank, GAIL, SBI and M&M are major laggards. Among the gainers are Sun Pharma, Dr Reddy’s Labs, Wipro, Cipla and Tata Steel.

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10:00

Nifty struggles at 7900; Sun Pharma, Dr Reddy’s Labs rallyRead More »

Drug makers Sun Pharma and Dr Reddy’s Labs rallied over 1.5 percent while rival Cipla climbed 0.6 percent. Index heavyweight Reliance Industries bounced back, up 0.6 percent while private sector lender HDFC Bank remained on buyers’ radar, up 0.4 percent.

Read More »

09:15

Sensex, Nifty flat; HDFC Bank, Bharti Airtel top gainersRead More »

HDFC Bank, Bharti Airtel and Hindalco Industries topped the buying list, up 1-1.5 percent whereas ONGC, HDFC, Axis Bank, State Bank of India, ICICI Bank, L&T and ITC declined.

Read More »

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