Wednesday 27 May 2015

Sensex ends 112 pts down, Nifty below 8350; BHEL jumps 5%

Equity trading tips: Sensex ends 112 pts down, Nifty below 8350; BHEL jumps 5%

PNC Infratech debuts higher but fails to hold gains

Dish TV beats forecast, turns corner with Q4 net at Rs 35cr

Tech Mah Q4 seen down 11.4%; wage, currency may hit margins

India Inc raises Rs 11,500 cr via rights issue in 2015

MAMPL exits DIAL, GMR airports acquires its 10% stake

The 30-stock benchmark Sensex ended the day at 27,531.41; down 112.47 points. The broader 50-share Nifty ended at 8,339.35; down 30.90 points.

On Sensex, 16 stocks closed in the red. Sectorally, oil and gas index was the biggest loser, down 1%.

BHEL was the top gainer among Sensex stocks, surging over 5% in intraday trade after the company reported Q4 PAT at Rs 888 crore.

This was the second consecutive day of fall on Dalal Street, with Nestle cracking 5.78% in intraday trade following reports that Uttar Pradesh FDA may file a criminal case against the company in one week's time. The stock pared losses in later trade.

Tata Motors fell 1 percent, down for a second session amid expectations its January-March earnings due later in the day could disappoint due to sluggish sales at unit Jaguar Land Rover in China.

Rupee rolled on with its losing streak for a second straight day and hit day's low of 63.98 versus the US dollar, down 40 paise.

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