Sensex, Nifty consolidate; Midcap outperforms, banks rally ~ Market Updates Tips Tricks Recommendations

Monday, 8 February 2016

Sensex, Nifty consolidate; Midcap outperforms, banks rally

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Equity benchmarks continued to consolidate but the broader markets outperformed benchmarks. The Sensex fell 2.83 points to 24614.14 while the Nifty gained 0.65 points to 7489.75.

The BSE Midcap and Smallcap indices climbed nearly 1 percent each. The market breadth remained positive as about 1397 shares advanced against 850 declining shares on the BSE.

Banks stocks continued to lead markets with ICICI Bank, SBI and Axis Bank rising 2-4 percent while HDFC Bank declined 0.6 percent. Infosys, TCS, Tata Motors, Dr Reddy’s Labs and ONGC slipped 1-2 percent.For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH

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