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Thursday, 17 March 2016

Sensex, Nifty remain firm; Hindalco, TCS, BHEL jump 1-3% , Bharti Airtel up 1%


The market is firm on its feet as the Sensex is up 94.58 points or 0.4 percent at 24771.95. The Nifty is up 30.95 points or 0.4 percent at 7543.50. About 977 shares have advanced, 715 shares declined, and 105 shares are unchanged.
Hindalco, TCS, Wipro, BHEL and M&M are top gainers while Lupin, Sun Pharma, HUL, Dr Reddy's and Cipla are losers in the Sensex.
Japanese shares bucked the trend as the dollar's fall against the yen is seen hurting the country's exporters, with the Nikkei dipping 0.4%.

ICICI Bank, the country's largest private sector lender, has informed the stock exchanges that it is planning to raise infrastructure bonds. ICICI has risen by almost 1%.
HUL has agreed to sell its rice exports business to LT Foods worth Rs 25 crore as part of its strategy to exit non-core businesses.  The stock is down 1%.




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