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Thursday, August 4, 2016

Sensex, Nifty, Midcap rangebound; Tata Steel, BoB, Bharti rally

Epic Update Tata SteelEpic Update Tata Steel



Equity benchmarks as well as broader markets continued to consolidate after investors digested the passage of GST Bill.
The 30-share BSE Sensex was down 47.75 points at 27649.76 and the Nifty declined 19.55 points to 8525.30.
Tata Motors surged nearly 4 percent after strong US sales growth in July by Jaguar Land Rover followed by Tata Steel (up 3 percent), Sun Pharma, Bharti Airtel, Adani Ports, Bank of Baroda and Hero Motocorp.
ICICI Bank, Asian Paints, Infosys, ITC, HDFC, Lupin and SBI were under pressure.




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