Sensex drops 159 points, Nifty closes below 10,660, Tomorrow Stock Tips

Indian share benchmarks continued falls on the back of weak global signals and falling rupee. The BSE Sensex fell 159.07 points to 35,264.41 and the Nifty 50 of NSE declined 57 points to 10,657.30. 

NTPC, Bharti Airtel, Adani Ports, Hero Motor Corp, HDFC and ONGC were leading set of losers whereas Asian paints, Infosys rallied over 2 percent. 

Index heavyweight HDFC fell 1.11% to Rs 1,886.20 while the other index heavy weight such as ITC and L&T 1.13% and 1.22% respectively. 

Shares of the TVS Motors rose 0.74 percent to Rs 556.40 after two wheeler major reported June month sales numbers. The company reported sales up 12.1 percent at 3,01,201 units as against 2,68,638 units on Year on Year basis. 

Shares of Bharti Infratel slipped after merger with Indus Towers. The stocked ended at Rs.298.55 per share down by 0.95 on the BSE, 

Shares of CG Power, JM Financial, Cadila Healthcare, Motilal Oswal, Jubilant Foodworks, and Graphite India gained upto 5.18 percent, while shares of Adani Enterprises, Jindal Steel, JSW Steel, Nalco, Indiabulls Rea Estate, and DHFL fell. 

Nifty was seen a strong selling force during the first afternoon hours. It ended the day 0.53 percent lower at 10,657-level. Nifty IT index was the best performing sectoral Index ending the day 0.59 percent higher at 14,072.30

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