Sensex trades lower; Coal India, Sun Pharma major losers

Sensex trades lower; Coal India, Sun Pharma major losers

Golden Investment research Private Limited

Indian equities dropped on Thursday erasing earlier gains. Sensex was trading down 44.22 points or 0.24% at 18,158.19 with 19 components falling. Meanwhile, the Nifty was trading lower by 14.80 points or 0.27% at 5,517.15 with 31 components falling. 

The 30-share benchmark index, BSE Sensex opened with a decline of 39.36 points or 0.22% at 18,163.05, while the broad based NSE Nifty started with a fall of 18.20 points or 0.33%, at 5,513.75.

Sensex Movers

Reliance Industries contributed fall of 35.08 points in the Sensex. It was followed by I C I C I Bank (16.25 points), Tata Motors (10.86 points), Sun Pharmaceutical Industries (7.4 points) and Hindalco Industries (6.5 points).
 
However, Infosys contributed rise of 12.76 points in the Sensex. It was followed by Bharat Heavy Electricals (10.02 points), Bharti Airtel (8.45 points), Tata Power Company (8.12 points) and Larsen & Toubro (7.86 points).

Major gainers in the 30-share index were Bharat Heavy Electricals (3.63%), Tata Power Company (3.58%), Jindal Steel & Power (2.34%), Cipla (1.77%), Hero Honda Motors (1.70%), and NTPC (1.59%).
 
On the other hand, Coal India (3.36%), Sun Pharmaceutical Industries (2.67%), Hindalco Industries (2.56%), Tata Motors (1.96%), Reliance Industries (1.87%), and I C I C I Bank (1.23%) were the biggest losers in the Sensex.

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