Tomorrow Stock Tips, Nifty close lower, Dr Reddy’s shares rise 7%

stock market down Indian shares slipped on Thursday, dragged down mainly by banks including ICICI Bank since investors booked profits after the US Fed Reserve hinted one more rate hike by the end of this year.

The BSE Sensex closed down 30.47 points or 0.09%, at 32,370.04, while the NSE Nifty ended down by 19.25 points or 0.19%, at 10,121.90. Dr Reddy’s stock was the major gainer on BSE traded 7.02% higher at Rs. 2476. Cipla, Lupin and Sun Pharma were the major gainers on Sensex and Nifty, while ICICI Bank, Tata Motors DVR, Zee Entertainment and GAIL (India) lost the most.

Bank Nifty ended at 24,799 levels, down by 165 points. PNB was the top loser in bank Nifty index closing at Rs 141.8 per share, down by Rs 3.00 per share.

BSE Realty index closed at 2,164.83 levels, down by 2.28%. Indiabulls Real Estate ending at Rs 237.5 per share, down by 5.92%. BSE Healthcare index closed at 14,154 levels, up by 2.74%. SMS Pharmaceuticals ending at Rs 110.25 per share, up by 20%.