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Friday, October 21, 2016

Sensex, Nifty consolidate; ICICI most active, IDBI gains further

Epic Update IDBI Bank

Equity benchmark indices remained rangebound with the Sensex hovering around 28000 level. Oil & gas, banks and infra stocks were under pressure but HDFC Bank, ITC and Infosys limited losses.

The 30-share BSE Sensex was down 123.59 points at 28006.25 and the 50-share NSE Nifty fell 27.90 points to 8671.50.

Force Motors, SpiceJet, Reliance Industries, ICICI Bank, Endurance Technologies, NCC, HCL Technologies and Biocon were the most active shares on exchanges.

IDBI Bank was the biggest midcap gainer, up 3.12 percent followed by Tata Communications, SJVN, Biocon and Divis Labs whereas Torrent Pharma, Titan Company, MphasiS, LIC Housing Finance and Oriental Bank fell 2 percent each.

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