2/12/2018

Sensex zooms, Nifty reclaims 10,500, Tata Steel, ONGC rise


Shares of Tata Steel, Bharti Airtel, ONGC, Sun Pharma, Axis Bank, L&T Hero MotoCorp, Yes Bank, Kotak Bank, Adani Ports, Dr Reddy’s and Reliance Industries were the major gainers among Sensex constituents rising in range 1 to 3 perccent. In Nifty pack, shares of Tata Steel, ONGC, Axis Bank Larsen & Toubro, Hero MotoCorp and Aurobindo Pharma were among the top gainers.

On the other hand shares of SBI, Bharat Petroleum Corporation HCL Technologies, HPCL and Coal India were among the losers in the Nifty pack. Shares of SBI witnessed a sharp decline after reporting weaker than expected Q3 numbers with a net loss of Rs 1,886.57 crore, in effect the SBI’s stock plunged as over 3% to a day’s low of Rs 285.

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