Tuesday, 24 January 2017

Sensex rises 100 pts, Midcap gains too; HDFC twins lead again

Equity Benchmarks maintained early gains, with the Sensex rising 131.44 points to 27507.02 and the Nifty up 42.85 points at 8518.65.
Tata Motors, which launched its lifestyle SUV Hexa here, said it expects to improve market share this year to become the third largest carmaker in the country after Maruti and Hyundai. 

Indian ADRs: HDFC Bank rises 2.3%, Tata Motors gains

Indian ADRs ended higher on Tuesday.
In the IT space,
Infosys added 0.03 percent at USD 14.12 and Wipro was up 0.09 percent at USD 7.61.
In the banking space,
ICICI Bank was up 0.04 percent at USD 7.61 and HDFC Bank rose 2.30 percent at USD 66.64.
In the other sectors,
Tata Motors added 0.96 percent at USD 40.01 and Dr Reddy’s Laboratories gained 0.54 percent at USD 43.70.
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