Nifty Reclaims 8800, Sensex Gains 200 Pts; Midcap At New High - Dollar Advisory & Financial Services

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Monday 6 February 2017

Nifty Reclaims 8800, Sensex Gains 200 Pts; Midcap At New High

 

Equity benchmarks began off the week on a solid note, with Nifty creeping towards 8800 level and Midcap hitting a record high. Positive Asian prompts additionally supported feeling.
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 failures.

Dr Reddy's Labs fell 2.5 percent regardless of superior to expected income. Benefit fell 16 percent YoY in Q3. The Indian rupee has opened barely higher at 67.20 for each dollar against Friday's end of 67.31 a dollar, enrolling a pick up of 11 paise.

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