Monday, 10 August 2015

IT & banks lead, Tata Motors drags

Banking & financials and technology stocks led the market higher. HDFC, TCS, Infosys, ICICI Bank, HDFC Bank, SBI, Axis Bank and Dr Reddy's Labs rose 0.5-1.5 percent. 

However, Tata Motors topped the selling list on Sensex, down more than a percent after disappointing set of numbers in Q1. Profit plunged nearly 49 percent and JLR's profit dropped 29 percent, impacted by China sales.

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