Monday 31 August 2015

Nifty Ends Below 8000, Sensex Falls 109 Pts; BHEL Drags 3%

Posted by suhani varma on Monday, August 31, 2015 with No comments

The market ended lower. The Sensex was down 109.29 points or 0.4 percent at 26283.09, and the Nifty slipped 30.65 points or 0.4 percent at 7971.30. About 1171 shares have advanced, 1468 shares declined, and 135 shares are unchanged. Cipla, Dr Reddy's Labs, Lupin, GAIL and Vedanta were top gainers in the Sensex. Among the losers were BHEL, Hindalco, Bharti Airtel, ONGC and ICICI Bank. 

The market continued to be rangebound in afternoon trade with the Nifty hovering around 8000 amid selling pressure. The broader markets also declined marginally. The Sensex declined 130.66 points to 26261.72 and the Nifty fell 36.05 points to 7965.90. About 1025 shares have advanced, 1491 shares declined, and 116 shares are unchanged on the BSE. Infosys, Reliance Industries, ICICI Bank, Bharti Airtel, SBI, Maruti, Bajaj Auto, BHEL, Tata Steel and Hindalco declined 1-3 percent. However, Lupin, Sun Pharma, Dr Reddy's Labs, Cipla, Coal India, GAIL and Wipro gained 1-3 percent.

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