Monday, May 30, 2016

Sensex, Nifty off day’s high; Sun Pharma falls, Tech Mah spikes

Epic Update Sun PharmaceuticalEpic Update Sun Pharmaceutical

Equity benchmarks were off day’s high after last week’s stellar rally. The Sensex rose 66.03 points to 26719.63 and the Nifty gained 14.30 points at 8170.95.

The BSE Midcap and Smallcap indices also gained quarter of a percent but the market breadth remained flat.

Sun Pharma declined 1.5 percent ahead of fourth quarter earnings. A CNBC-TV18 poll expects strong quarter with exclusivity sales from Gleevec generic boosting margins. Tata Motors gained 4 percent as analysts expect a stable quarter for the company with improvement in commercial vehicle segment driving standalone revenues. Steady growth in UK & China is expected to boost JLR volumes.

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Sensex, Nifty steady; Infosys, TCS, Dr Reddy’s top gainers

Epic Update InfosysEpic Update Infosys

After briefly touching 8200, the Nifty has given up its gains a bit. The 50-share index is up 22.80 points or 0.3 percent at 8179.45 and the Sensex is up 69.63 points or 0.3 percent at 26723.23.

Coal India, Tata Motors, Infosys, TCS and Dr Reddy’s Labs are top gainers while BHEL, HDFC, Adani Ports, NTPC and Lupin are major losers in the Sensex.

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Sensex, Nifty marginally higher; Hindalco soars 11%, IT leads


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Nifty nears 8200, Sensex firm; Coal India & SBI up, BHEL dips 4%

Epic Update Coal IndiaEpic Update Coal India

The marlet has opened strong supported by index heavyweights. The Sensex is up 111.59 points or 0.4 percent at 26765.19, and the Nifty is up 35 points or 0.4 percent at 8191.65. About 661 shares have advanced, 281 shares declined, and 35 shares are unchanged.

Coal India, SBI, Tata Steel, Adani Ports and Sun Pharma are top gainers while BHEL, ITC, Asian Paints, L&T and HDFC are losers in the Sensex.

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Epic Research Update : Results Today

Epic Research Update : Results TodayEpic Research Update : Results Today

Bajaj Electric
Bata India
Berger Paints
Blue Star
HBL Power
Hind Copper
Hitachi Home
Jindal PolyFilm
Lloyd Electric
M&M
MTNL
NESCO
NTPC
SAIL
Sun Pharma
Tata Motors

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