Tuesday, 5 May 2015

Sensex, Nifty choppy; Kotak Mah, NIIT Tech rally on Q4 nos

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The market remained volatile with the Sensex falling 84.39 points to 27406.20 and the Nifty declining 21.90 points to 8310.05.

About 1237 shares have advanced, 1391 shares declined, and 182 shares are unchanged on the Bombay Stock Exchange.

In stock action, Kotak Mahindra Bank surged 5 percent post reporting earnings better than estimates with profits of Rs 527 crore, a growth of 30 percent. The bank also announced bonus issue of 1:1. NIIT Technologies gained 4 percent on fourth quarter earnings.

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