Epic Update Eicher Motors
Equity benchmarks extended losses in noon trade, falling nearly a percent on further selling in banking & financials, technology and FMCG stocks.
Equity benchmarks extended losses in noon trade, falling nearly a percent on further selling in banking & financials, technology and FMCG stocks.
The broader markets also fell further, down nearly 0.9 percent.
The 30-share BSE Sensex was down 242.71 points to 26317.21 and the 50-share NSE Nifty fell 78.05 points to 8114.85.
The 30-share BSE Sensex was down 242.71 points to 26317.21 and the 50-share NSE Nifty fell 78.05 points to 8114.85.
About 1585 shares declined against 695 advancing shares on the BSE.
HDFC, ITC, Tata Motors and HUL plunged 2 percent each whereas Reliance Industries, ONGC, Sun Pharma and Coal India traded with moderate gains.
Eicher Motors continued to gain, up 3 percent on top of 2 percent upside in previous session after stellar performance in November sales. Analysts believe that the company will not see any material impact from demonetisation.
HDFC, ITC, Tata Motors and HUL plunged 2 percent each whereas Reliance Industries, ONGC, Sun Pharma and Coal India traded with moderate gains.
Eicher Motors continued to gain, up 3 percent on top of 2 percent upside in previous session after stellar performance in November sales. Analysts believe that the company will not see any material impact from demonetisation.
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