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Thursday, December 15, 2016

Sensex, Nifty flat; Axis Bank up 2%, pharma stocks drag





TCS, Wipro, Axis Bank, M&M and Adani Ports are top gainers while Sun Pharma, Tata Motors, NTPC, ITC and Bharti Airtel are losers in the Sensex.


The market is flat with the Sensex up 33.09 points or 0.1 percent at 26635.93. The Nifty is up 5.65 points at 8188.10. About 1311 shares have advanced, 1138 shares declined, and 166 shares are unchanged.


The interest rate hike by the Federal Reserve reflects a strengthening US economy that will benefit emerging market economies but also make them vulnerable to volatile capital flows, Moody's Investors Service said today.







More will update soon!!