Sensex, Nifty consolidate after 4% rally; Tata Motors rebounds

Sensex, Nifty consolidate after 4% rally; Tata Motors rebounds

Wednesday, September 07, 2016
Tata-Motors-luxury-
Equity benchmarks as well as broader markets continued to consolidate in morning trade after rallying more than 4 percent from last week.

The 30-share BSE Sensex was down 12.83 points at 28965.19 and the 50-share NSE Nifty fell 7.60 points to 8935.40 despite positive market breadth.

About 1168 shares advanced against 956 declining shares on the Bombay Stock Exchange.

Tata Motors shares rebounded after falling in early trade, up 0.4 percent. Infosys, ITC, ICICI Bank, SBI, Tata Steel and Lupin continued to stay higher.

HDFC, Asian Paints, Adani Ports, NTPC, Bharti Airtel and BHEL were down 1-2 percent.

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