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Indian benchmark indices dip on Wednesday

Indian benchmark indices dip on Wednesday

India Blooms News Service | | 07 Sep 2016, 04:54 pm
Mumbai, Sep 7 (IBNS): Profit booking by investors pushed back the Indian market to negative territory on Wednesday with BSE Sensex down 51.66 points at 28,926.36 and NSE Nifty down 25.05 points to 8917.95.

On Thursday, budget airlines SpiceJet reported a big jump in its June quarter profit which boosted its share price.

The airline reported that its net profit increase 104 per cent to Rs 149 crore compared to the same time in the previous year.

BHEL, SBI, Bank of Baroda, ICICI Bank, ONGC, Hindalco, Bharti Airtel, Cipla, Aurobindo Pharma, Coal India  and Tata Steel ended among the key gainers on Wednesday while Asian Paints, HDFC, Axis Bank, YES Bank, Kotak Mahindra Bank, Idea Cellular, NTPC, Tata Power, and GAIL figured among the losers.

 

Image: Wikimedia Commons

 

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