Sensex, Nifty off day’s high: FMCG rises, IT & oil stocks drag

Equity benchmarks gained strength in afternoon trade as European markets extended early rally with the FTSE’s Britain, Germany’s DAX and France’s CAC rising 1-1.6 percent. Equity benchmarks erased more than half of gains in late trade. The Sensex rose 56.04 points to 27222.91 and the Nifty gained 8.65 points at 8344.60. About 1632 shares advanced … More Sensex, Nifty off day’s high: FMCG rises, IT & oil stocks drag

Carnage contiues on D-St on Brexit woes: wild moves in currency

Tata Motors, Tata Steel, ICICI Bank, Axis Bank and L&T are losers in the Sensex. Nifty recovered 90 points from day’s low while Sensex recovered 280 points from day’s low. The Sensex is down 840.89 points or 3.1 percent at 26161.33, and the Nifty down 263.40 points or 3.2 percent at 8007.05. About 318 shares … More Carnage contiues on D-St on Brexit woes: wild moves in currency