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Monday, August 8, 2016

Sensex consolidates ahead of RBI policy; Hindalco, BPCL up 4%

HINDALCO
Equity benchmarks traded marginally higher amid consolidation ahead of RBI monetary policy and after hitting fresh 52-week high on the Nifty.
The 30-share BSE Sensex gained 65.41 points at 28143.76 and the 50-share NSE Nifty rose 16.75 points to 8699.90. About 1456 shares advanced against 978 declining shares on the BSE.
Hindalco Industries and BPCL surged more than 4 percent followed by Bosch, Lupin, Tata Motors (DVR), Reliance Industries, BHEL, HDFC and Dr Reddy’s Labs with over a percent gains.
Bharti Airtel, Sun Pharma, NTPC, Tata Steel, L&T, Idea Cellular and Bharti Infratel were losers.




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