Monday, 27 June 2016

Nifty hovers around 8100; UltraTech, Aurobindo, BPCL, BoB rally

Epic Update Ultratech CementEpic Update Ultratech Cement

The market continued to be volatile in afternoon trade with the Nifty hovering around 8100 level. Healthcare, FMCG, infra and select banks stocks gained while technology, auto and HDFC group stocks declined.

The Sensex fell 50.56 points to 26347.15 and the Nifty slipped 8.05 points to 8080.55 while the broader markets continued to outperform.

The BSE Midcap index gained 0.8 percent and Smallcap was up 1.4 percent as more than two shares advanced for every share falling on the Bombay Stock Exchange.

Aurobindo Pharma, UltraTech Cement, SBI, BPCL, Bank of Baroda, Sun Pharma, L&T, ITC and Lupin gained 1-3 percent while TCS, Infosys, Asian Paints, Wipro, Maruti Suzuki, Power Grid Corporation and IndusInd Bank fell 1-3 percent.
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