Sensex, Nifty Consolidate Further At Open; Tata Motors Down 7% - Dollar Advisory & Financial Services

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Wednesday 15 February 2017

Sensex, Nifty Consolidate Further At Open; Tata Motors Down 7%

 

Equity benchmarks continued to consolidate in early trade Wednesday after investors digested third quarter earnings. 

The 30-share BSE Sensex was up 35.23 points at 28374.54 and the 50-share NSE Nifty gained 12.50 points at 8804.80. 

Adani Ports, ITC, Infosys, Larsen & Toubro, ONGC, Tech Mahindra and Grasim were early gainers while Tata Motors tanked 7.5 percent after CLSA downgraded the stock to sell from buy due to weak earnings. 

NTPC, Sun Pharma, Maruti Suzuki, Dr Reddy's Labs and BHEL were other losers.

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