Thursday, 9 February 2017

Sensex up 150 pts, Nifty reclaims 8800 after 2-day consolidation

Ripples Advisory Private Limited, Indore @9303093093

The market started off Thursday's trade on a positive note after three-day consolidation and pricing in Union Budget as well as RBI policy. Q3 earnings will be closely watched. The 30-share BSE Sensex was up 150.45 points at 28440.37 and the 50-share NSE Nifty gained 47.40 points at 8816.45. Hero Motocorp and Cipla rallied 1.5-2 percent after quarterly earnings. 

ICICI Bank, ONGC, SBI, Aurobindo Pharma, Bharti Infratel, Axis Bank and Tata Motors were other gainers. NTPC, Tata Steel, BHEL, Wipro, Maruti Suzuki and IndusInd Bank were early losers.

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