Sensex, Nifty under pressure; HDFC leads, Dr Reddy’s gains 4%

Epic Update Dr Reddy's LabsEpic Update Dr Reddy's Labs

Equity benchmarks remained under pressure among consolidation after investors digested RBI policy and maintained caution ahead of UK elections and Comey testimony.

The 30-share BSE Sensex slipped 39.18 points to 31,232.10 and the 50-share NSE Nifty was down 8.20 points at 9,655.70 while the broader markets marginally outperformed.

Dr Reddy’s Labs was the biggest gainer among Sensex stocks, up 4 percent followed by HDFC (up 2 percent), Sun Pharma (up 2.4 percent), Tata Steel (up 3.16 percent) and Lupin (up 1.55 percent).

TCS and GAIL declined 3 percent each while ICICI Bank, Infosys, Reliance Industries and ITC dragged benchmarks.

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Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4 Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active
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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300