Home / Business / Money / Sensex, Nifty consolidate; Sesa top gainer, Cipla slips 3%

Sensex, Nifty consolidate; Sesa top gainer, Cipla slips 3%

Dec 17, 2014, 02.17 PM IST | Source: Moneycontrol.com

Sesa Sterlite topped the buying list on the Sensex, up 3.6 percent followed by State Bank of India with 3 percent gains. ICICI Bank, HDFC, Reliance Industries, ONGC, Axis Bank, Dr Reddy’s Labs, Tata Steel and Hindalco Industries climbed 1-2 percent.

Like this story, share it with millions of investors on M3

Sensex, Nifty consolidate; Sesa top gainer, Cipla slips 3%

Sesa Sterlite topped the buying list on the Sensex, up 3.6 percent followed by State Bank of India with 3 percent gains. ICICI Bank, HDFC, Reliance Industries, ONGC, Axis Bank, Dr Reddy’s Labs, Tata Steel and Hindalco Industries climbed 1-2 percent.

14:17

The News International Team

Sensex, Nifty consolidate; Sesa top gainer, Cipla slips 3%

Equity benchmarks continued to consolidate after showing recovery from day’s low. The Sensex declined 6.73 points to 26774.71 and the Nifty fell 19.05 points to 8048.55. The rupee also recovered from its 13-month low of 63.85 a dollar, down 6 paise to 63.59 a dollar.

About 967 shares have advanced while 1680 shares declined on the Bombay Stock Exchange.

Sesa Sterlite topped the buying list on the Sensex, up 3.6 percent followed by State Bank of India with 3 percent gains. ICICI Bank, HDFC, Reliance Industries, ONGC, Axis Bank, Dr Reddy’s Labs, Tata Steel and Hindalco Industries climbed 1-2 percent.

However, cigarette major ITC and drug maker Cipla plunged 3 percent each. Tata Motors, Sun Pharma, Hero Motocorp, Maruti Suzuki, Bharti Airtel, Bajaj Auto and Tata Power were other prominent losers, down 1-2 percent.

In the midcap space, GE Shipping, BEML, Gateway Distriparks, Puravankara Projects and Godrej Industries gained 6 percent each while Tilak Finance, PMC Fincorp, Hindustan National Glass, BF Utilities and Bombay Rayon slipped 7-11 percent.

13:00

Market rebounds: Sensex in green; SBI up 3%, ITC tanks 2%

Metal index is up over 1 percent led by Sesa Sterlite, Tata Steel and Hindalco. SBI and ONGC are up 2-3 percent each. ITC is still down 3 percent while Tata Power, Cipla, Hero Moto and Sun Pharma are still dragging 2 percent each.

Read More »

12:00

Sensex, Nifty, rupee recover; banks, oil & gas stocks gainRead More »

Shares of HDFC, ICICI Bank, State Bank of India, Reliance Industries, ONGC, Dr Reddy’s Labs, Sesa Sterlite and Gail India gained 1-2 percent.

Read More »

11:00

Sell-off continues: Sensex drags; auto, pharma fall sharplyRead More »

The rupee fell a 13-month low against the dollar while benchmark bond yields hit their highest level in two weeks as the brewing financial crisis in Russia continued to raise concerns about foreign fund outflows.

Read More »

10:00

Sensex halves losses, Nifty back above 8000; Reliance leadsRead More »

The broader markets saw major selling pressure with the BSE Midcap and Smallcap indices declining 2 percent each. Nearly four shares declined for every share advancing on the Bombay Stock Exchange.

Read More »

09:15

Nifty sinks below 8000, Sensex falls over 150 ptsRead More »

&M, Dr Reddy’s Labs, Bharti Airtel, Cipla and Hindalco are among the laggards. The gainers include Tata Steel, NTPC, Tata Motors, Reliance and BHEL.

Read More »

READ MORE ON  BSE Sensex, Nifty, Market, Sesa Sterlite, Cipla
Previous Here’s your tax planning guide for 2015
Next Noida’s Millionaire Bureaucrat!

  • Markets will rebound once volatility dies down: JPMorgan

  • The real reason behind mayhem in emerging markets

  • Marans have funded SpiceJet to best of their ability: CEO

  • Rupee can fall up to 66/$ ; ultra bearish on banks: Quantum

  • Sensex crash: Has correction run its course or just begun?

  • Here are top 10 stocks to keep an eye on December 17

  • Stocks in news: Tata Steel, ONGC, NMDC, SpiceJet, Jagran

  • Govt rescues Spicejet, may ask banks to extend loans

  • Brent below $ 60: Prepare for ‘dramatic’ investment cuts

  • Check out: What to buy in plunging market

  • NMDC up 4%; govt asks co to ramp up production to 100 mtpa

  • Maintain production target of 1 bn tonne by ’19: Coal India

  • Peshawar attack: Army kills 9 terrorists; 133 students dead

  • Fuel supply only on immediate payment:Oilcos to SpiceJet

  • Jagran to acquire Radio City: Why it’s a win-win

  • Tata Steel up 3%, Odisha govt allows operations in 4 mines

  • India to grow 5.5% this fiscal, doubt China revival: ADB

video of the day

news videos

  • Global rout to prolong if Fed sounds hawkish: Ambit’s Gubbi

  • Hold on to shorts; buy Hero MotoCorp: Sudarshan Sukhani

  • Markets will rebound once volatility dies down: JPMorgan

  • Russia can look at stepping up forex intervention: Barclays

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...