Sensex falls further, Nifty holds 8100; Eicher Motors rises 3%

Epic Update Eicher Motors
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. 
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. 
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.
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