Sunday, 5 February 2017

Research Infotech Morning Update - Nifty Eyes 8800, Sensex up over 150 pts; Midcap at new high

The 30-share BSE Sensex was up 161.95 points at 28402.47 and the 50-share NSE Nifty rose 47 points to 8787.95. Tata Motors, Hero Motocorp, ICICI Bank, Lupin, SBI, Grasim and Tata Motors DVR were early gainers while M&M and ACC were losers. Dr Reddy's Labs fell 2.5 percent despite better-than-expected earnings. Profit fell 16 percent YoY in Q3. 
The Indian rupee has opened marginally higher at 67.20 per dollar against Friday's closing of 67.31 a dollar, registering a gain of 11 paise. 
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