Monday, 13 June 2016

Sensex falls over 300 pts, Nifty hold 8050; ICICI plunges 3%

Epic Update ICICI BankEpic Update ICICI Bank

The market fell further in afternoon trade with the benchmarks down more than 1 percent as Asian peers also extended losses. Nikkei plunged 3.5 percent and Hang Seng shed 2.8 percent.

The 30-share BSE Sensex crashed 343.59 points or 1.29 percent to 26292.16 and the 50-share NSE Nifty dropped 97.30 points or 1.19 percent to 8072.75. 
The market breadth remained weak as about 1532 shares declined against 699 advancing shares on Bombay Stock Exchange.

ICICI Bank, Tata Motors, HDFC, Axis Bank, SBI, Adani Ports, Tata Steel, Cipla and BHEL slipped 2-4 percent while Lupin, Dr Reddy’s Labs and Coal India gained more than half a percent.
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