Nifty ends below 7900 levels, Sensex up 120 pts; HDFC top gainer

Nifty ends below 7900 levels, Sensex up 120 pts; HDFC top gainer

Submitted by alvin on Tue, 2016-05-17 16:17 New Delhi: The market on Tuesday ended with hefty gains supported by oil, auto and infra stocks as the Sensex ended up 120.38 points or 0.5 percent at 25773.61, and the Nifty closed up 30 points or 0.4 percent at 7890.75. Shares such as ONGC, Axis Bank, HDFC and Asian Paintswere top gainers while NTPC, Adani Ports, Reliance, HUL and Tata Motors. Bharat Forge's fourth quarter profit declined 19 percent to Rs. 164.52 crore in quarter ended March 2016 compared to Rs. 203.2 crore in year-ago period, impacted by weakness in North America's business. Revenue slipped 17.6 percent to Rs. 1,008 crore in January-March quarter compared to Rs. 1,223.9 crore in corresponding period of last fiscal, hit by export business (that declined 28.7 percent). (ANI)