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Tuesday, August 23, 2016

Sensex, Nifty under pressure in early trade; HPCL, NTPC fall

Epic Update NTPC

The market was marginally lower in early trade with the Sensex struggling below 28000 level amid consolidation. Investors waited for speech by the Federal Reserve Chief Janet Yellen at Jackson Hole.

The Sensex was down 32.64 points at 27952.90 and the Nifty declined 16.20 points at 8612.95.

NTPC and HPCL fell 1-2 percent after first quarter earnings announced yesterday evening.

HDFC, Reliance Industries, L&T, Lupin and Sun Pharma were under pressure whereas Infosys, Asian Paints, Adani Ports, TCS and Wipro gained.

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