LIVE: Sensex falls over 100 points in a choppy trade, Nifty50 below 7,770; Suven Life Sciences up over 2%

LIVE: Sensex falls over 100 points in a choppy trade, Nifty50 below 7,770; Suven Life Sciences up over 2%

11.43 am: Sensex was trading 104.15 points down at 25,519.20. NSE Nifty was trading 25.10 points down at 7,766.20. Wipro shares were down 0.53 per cent at Rs 555.00 after India’s third-largest software firm reshuffled its top management, appointing Abid Ali Neemuchwala as the new chief executive in place of T K Kurien, who has been elevated as executive vice chairman. 11.23 am: MBL Infrastructures shares were trading 1.53 per cent down at Rs 219.50 even after it bagged two projects aggregating to Rs 609.12 crore. Sensex was down 59.23 points at 25,564.12….

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RIL shares outperform Sensex after 7 years, rally may continue in 2016

RIL shares outperform Sensex after 7 years, rally may continue in 2016

Reliance Industries (RIL) shares outpaced BSE Sensex for the first time after seven years. The share price of the country’s largest private sector company surged 13.63 per cent in 2015 against 5.03 per cent fall registered by the benchmark index in the year gone by. In 2014, RIL shares fell 0.41 per cent against 29.89 per cent gain posted by Sensex. For the year 2016, market experts believe RIL can once again beat benchmark indices and can surge upto 28 per cent in the next 12 months. However, the 30-share…

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