Tuesday, 16 August 2016

Sensex slips over 150 pts; TCS, Tata Motors down 2%.

The market is still weak with the Sensex is down 168.52 points or 0.6 percent at 27983.88 and the Nifty is down 56.65 points or 0.6 percent at 8615.50. About 993 shares have advanced, 1575 shares declined, and 153 shares are unchanged.

 Cipla, Adani Ports, L&T, Lupin and ONGC are top gainers while TCS, Tata Motors, Sun Pharma, HDFC and Bharti Airtel are losers in the Sensex.

 The total value of FII holdings in NSE-listed companies rose to Rs 20.13 lakh crore in the April-June quarter this year, Prime Database said today.

 The increase was attributed to net inflows of Rs 14,671 crore, Prime Database Managing Director Pranav Haldea said.

 As per the report, the total value of FIIs' holding rose from Rs 18.37 lakh crore in January-March period to Rs 20.13 lakh crore in the June quarter.

 The valuation of FIIs had hit an all time high of Rs 20.29 lakh crore in the January-March quarter of last year. In percentage terms, FIIs' ownership on average climbed to 6.65 percent in the June quarter of this year from 6.59 percent in the preceding three months.

 European stocks were lower as investors paused for breath after fresh record closing highs in US equities failed to boost investor sentiment in Europe and Asia.

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