pinnaclefinanceindore
Market Closing Updates
Closing Bell : The BSE Sensex closed 52.66 points down at 28,077.18, while NSE Nifty settled 6.35 points down at 8693.05. In the Nifty 50 index, Idea Cellular, Tech Mahindra, Tata Power, HCL Tech, Dr Reddy’s Labs gained between 1.39 per cent and 2.31 per cent. On the other hand, Axis Bank, Hindalco, Ambuja Cement, ACC and Cipla dipped between 2.09 per cent and 2.70 per cent. Traders remained cautious with the Moody’s report that there has been a large-scale decline in private investment in PPP projects in recent years because of delays in project approvals and land purchases by the government, complicated dispute resolution mechanisms in the concession agreements and lower than expected revenues due to aggressive assumptions. Depreciation in Indian currency too dampened sentiments.
Market Closing Updates
Closing Bell : The BSE Sensex closed 52.66 points down at 28,077.18, while NSE Nifty settled 6.35 points down at 8693.05. In the Nifty 50 index, Idea Cellular, Tech Mahindra, Tata Power, HCL Tech, Dr Reddy’s Labs gained between 1.39 per cent and 2.31 per cent. On the other hand, Axis Bank, Hindalco, Ambuja Cement, ACC and Cipla dipped between 2.09 per cent and 2.70 per cent. Traders remained cautious with the Moody’s report that there has been a large-scale decline in private investment in PPP projects in recent years because of delays in project approvals and land purchases by the government, complicated dispute resolution mechanisms in the concession agreements and lower than expected revenues due to aggressive assumptions. Depreciation in Indian currency too dampened sentiments.