Tuesday 16 February 2016

Live: Sensex opens over 100 points up @ Indian Market overview



Live: Sensex opens over 100 points up, Nifty tests 7,200; Opto Circuits, Cairn India gain
The BSE Sensex and NSE Nifty opened in green on Tuesday on account of firm Asian markets. Sensex opened 134.49 points up at 23,688.61, while Nifty opened 38.30 points up at 7,201.25.
United Breweries (Holdings) has received a letter from Punjab National Bank (PNB) on February 15, 2016, whereby the bank has declared the company as a ‘Willful Defaulter’. The company is in consultation with its legal counsels to challenge the decision by taking appropriate legal action that may be required in this regard. Shares of United Breweries were trading 6.39 per cent down at Rs 21.25. Sensex was up 12.56 points at 23,566.
Opto Circuits shares were trading 14.46 per cent up at Rs 11 in the early trade. Opto Circuits reported net profit of Rs 6.39 crore for the quarter ended December 2015 against net loss of Rs 178.83 crore in the same quarter last year. Sensex was up 63.34 points at 23,617.
The 30-share index Sensex opened 134.49 points up at 23,688.61, while the 50-share index Nifty opened 38.30 points up at 7,201.25. Heidelberg Cement India has successfully commissioned the Waste Heat Recovery based Power Generation Plant at its Narsingarh Plant in Damoh, Madhya Pradesh on February 15, 2016. The Power Plant will utilise the waste heat generated by the clinkerisation lines at Narsingarh Plant. Shares of Heidelberg Cement were up by over 1 per cent in the early deals. 

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