Wednesday, 28 October 2015

Sensex tanks over 200pts, Nifty ends at 8171; Axis Bank dip; Equity Market Tips

ICICI Bank plunged 4 percent followed by SBI with over 2 percent loss. Both major lenders are yet to announce their earnings. Bank Nifty lost 2 percent.

The market ended with severe losses. The Sensex wass down 213.68 points or 0.8 percent at 27039.76 and the Nifty slipped 61.70 points or 0.7 percent at 8171.20. About 1161 shares advanced, 1489 shares declined, and 186 shares were unchanged.

Axis Bank, ICICI Bank, SBI, NTPC and Lupin were laggards while Cipla, Bharti, ONGC, Tata Motors and HUL. 

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