Wednesday, 7 December 2016

SENSEX DROPS 156 POINTS, NIFTY HOLDS ABOVE 8100

The Sensex ended down 156 points to settle at 26,237 and the Nifty settled 41 points lower at 8,102.  Benchmark indices ended lower after the RBI unanimously decided to keep the policy rate unchanged at 6.25%, which was much against the street and analysts’ expectations. Axis Bank -2.00 %, Punjab National Bank -1.94 %, Canara Bank -1.01 % and HDFC Bank -2.22 % close down and Lenders such as ICICI Bank -1.05 % and State Bank of India -1.47 % 
GLOBAL MARKET:
On the global front, most Asian indices closed in green and marginally up. In Europe, the FTSE 100 was up 1.25%. CAC 40 and DAX was up 0.90% and 1.33% respectively while, the US Nasdaq was also up 0.45%.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Asian Hotels (North)
B
112.00
+ 11.72
Shakti Pumps (In
B
143.60
+ 8.95
Panacea Biotec L
B
126.40
+ 8.36
Liberty Shoes Li
B
155.00
+ 6.86
Adhunik Industries
B
113.10
+ 6.50
TV Vision
B
295.35
+ 5.48
Precision Wires
B
122.50
+ 5.15
TOP LOSERS:



Company
Group
Current Price (Rs)
% Change
SE Investments
B
203.70
-6.56
Tata Metaliks
B
348.65
-5.05
Mahamaya Steel Indus
B
166.30
-5.00
Savita Oil Tech
B
731.00
-4.95
AXISCADES Engineer
B
185.30
-4.88