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Wednesday 25 March 2015

SENSEX FALLS 200 PTS ; HDFC DRAGS, BHARTI & BHEL OUTPERFORM

Equity Trading Tips , Stock Cash Premium Tips , Equity Intraday Tips , Stock Cash Intraday , Stock Trading Tips , NSE Stock Market Tips
The market remained under pressure ahead of expiry of March derivative contracts. Banking & financials, healthcare and select technology stocks dragged. The Sensex dropped 201.98 points to 27909.85 and the Nifty shed 56.30 points to 8474.50. The broader markets too were down; the BSE Midcap and Smallcap indices declined 0.4 percent each. Nearly two shares declined for every share advancing on the Bombay Stock Exchange. HDFC topped the selling list, falling 3.5 percent followed by ICICI Bank, Tata Motors, SBI, Wipro, ONGC, Dr Reddy's Labs, Sesa Sterlite and Coal India with over a percent loss. However, Bharti Airtel gained 1.8 percent post closure of spectrum auction. BHEL and GAIL climbed over a percent.
HDFC is the major dragger and the top Sensex loser - down 3.1 per cent at Rs 1,313. The stock has accounted for a decline of 80 points for the BSE Sensex.
Dr. Reddy's and Sun Pharma have tumbled 1.7 per cent each at Rs 3,456 and Rs 1,036, respectively.
Wipro has dropped 1.4 per cent at Rs. 651. Tata Motors and ICICI Bank have slipped 1.3 per cent each at Rs 534 and Rs 313, respectively.
On the other hand, Bharti Airtel is the top Sensex gainer - up 1.7 per cent at Rs 401. Tata Power, BHEL and Mahindra & Mahindra have spurted a per cent each at Rs 77.90, Rs 239 and Rs 1,219, respectively.

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