Monday, 8 June 2015

Sensex tanks 200 pts, Nifty below 8050; Reliance down 2%

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The market does not seem to be in the mood to make any profit today. Bank, oil, auto and pharma stocks are dragging indices sharply. The Sensex is down 185.09 points or 0.7 percent at 26583.40, and the Nifty slips 58.80 points or 0.7 percent at 8055.90. About 754 shares have advanced, 1614 shares declined, and 142 shares are unchanged.

Coal India is up 2 percent while Tata Power, Axis Bank, Bajaj Auto and ITC are major gainers while Tata Motors, Vedanta, Tata Steel, Reliance and HDFC are among laggards in the Sensex.

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