Nifty Struggles Below 8800 Amid Consolidation; Tata Motors Falls - Dollar Advisory & Financial Services

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Tuesday 14 February 2017

Nifty Struggles Below 8800 Amid Consolidation; Tata Motors Falls

Tata Motors fell over a percent ahead of Q3 earnings due later today. A CNBC-TV18 poll expects a 27 percent fall in profit on year-on-year basis and loss of Rs 500 crore on standalone basis.

Infosys saw profit booking, down 0.6 percent after management's clarification on all issues raised by the media.
Asian Paints, Hero Motocorp, L&T, Bajaj Auto and Axis Bank were down 0.5-1 percent while Reliance Industries, ITC, HDFC, ONGC, ICICI Bank and SBI continued to support the market, up 0.2-1.3 percent.

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