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Thursday, August 04, 2016

Sensex, Nifty marginally higher; Midcap shines, ICICI & ITC down


Equity benchmarks were marginally higher amid consolidation after the Rajya Sabha passed the GST Constitutional Amendment Bill.

The 30-share BSE Sensex was up 85.08 points at 27782.59 and the 50-share NSE Nifty gained 21.65 points at 8566.50. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gained over half a percent.

About two shares advanced for every share declining on the exchange.

Tata Motors continued to rally, up nearly 4 percent followed by Sun Pharma, Hero Motocorp, Bajaj Auto, Maruti and Tata Steel while ICICI Bank, Infosys, ITC, Reliance Industries and Lupin were under pressure.
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