Epic Research

Thursday, September 15, 2016

Nifty holds 8700 amid volatility; Hero, Tata Steel decline

Epic Update Hero MotoCorpEpic Update Hero MotoCorp



The choppy trade continued for second consecutive session as investors remained cautious ahead of two-day Federal Reserve’s policy meeting that will start on September 20.
The 30-share BSE Sensex was down 30.49 points at 28341.74 and the 50-share NSE Nifty declined 11.95 points to 8714.65.
Axis Bank, Hero Motocorp and Tata Steel fell over 2 percent while ITC, Maruti, BHEL and Cipla gained 1-2 percent.
European stocks were mixed as global markets trod carefully amid nerves over central bank action.


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