Gold Silver Reports (GSR) – Hero MotoCorp Share Price Rises On June Sales, Motorcycle Price Hike – Shares of the Delhi-based two-wheeler maker rose as much as 2 percent to ₹ 3,485 after it reported June sales and hiked prices of its motorcycles and scooters to partially offset higher input costs.
Sensex, Nifty Edge Lower
Indian equity benchmarks edged lower led by weakness in heavyweights like ICICI Bank, HDFC, Vedanta and Kotak Mahindra Bank.
The S&P BSE Sensex fell 0.1 percent or 34 points to 35,226 and the NSE Nifty 50 index declined 0.2 percent or 21 points to 10,634.
Seventeen out of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Utilities index’s 1 percent drop. On the other hand, the S&P BSE Energy index was top gainer, up 0.3 percent.
The mid- and small-cap shares were underperforming their larger peers as the S&P BSE MidCap and the S&P BSE SmallCap Indexes declined 0.4 percent each.
