Sensex, Nifty fall; banks under pressure, NTPC gains 3%

The market marginally declined amid consolidation in afternoon trade, dragged by banks and index heavyweights like Reliance Industries & Infosys.



The Sensex slipped 60.42 points to 28200.66 and the Nifty fell 19.75 points to 8551.15. The broader markets extended fall; the BSE Midcap and Smallcap indices dropped 0.7 percent and 1 percent, respectively.



More than two shares declined for every share advancing on the Bombay Stock Exchange.



BHEL plunged over 3 percent. Shares of Infosys, Reliance Industries, State Bank of India, ICICI Bank and Wipro fell 1-1.7 percent. However, NTPC and Hindalco bucked the trend with 2.7 percent gains.



Real Time News & Trading Trends Keep Liking #EpicResearch



Facebook – Twitter – YouTube – Pinterest –Linkedin – Google+



For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH

Posted in: Indian Market Tips