Thursday, 5 November 2015

Sensex, Nifty open marginally lower; Sun Pharma, Lupin down | Stock Cash Market Tips

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Bharti Airtel, Lupin, Vedanta, ONGC, Sun Pharma and UltraTech Cement declined nearly a percent. NTPC, GAIL, Infosys, Hindalco, BHEL, Tata Power and Asian Paints were early gainers.

The market has opened marginally lower on Thursday. The Sensex fell 75.74 points to 26477.18 and the Nifty declined 20.40 points or 0.25% at 8019.80.

US stocks closed lower after Federal Reserve chairman Janet Yellen reinforced the fact that a December rate hike is a live possibility. 

Nasdaq listed IT major Cognizant delivered once again with a dollar revenue growth of 3.3 percent beating expectations. The company has raised its full-year growth guidance to a whopping 21 percent.

Closer home, Asian stocks traded mostly lower in early trade today, following a weak Wall Street finish as increasing odds of a US interest-rate rise in December sapped risk appetite.

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