Closing Bell: Indices give up gains post fall in banks, Nifty just above 9900; midcaps outperform
Thursday,
17-Aug-2017
04:29 PM (IST)
Volatility gripped the D-Street on Thursday after selling pressure dominated final minutes of trade. This movement led to erasing almost all of its gains by the indices, which were trading with gains of over 100 points on the Sensex, and the Nifty placed comfortably above 9900-mark. Both managed to end the day in the green, but with marginal gains.The fall was led by sectors such as banks, auto, pharmaceuticals and FMCG stocks, while the sectors that ended in the green included was information technology.The Sensex ended up 24.57 points at 31795.46, while the Nifty ended higher by 6.8 points at 9904.15. The market breadth was narrow as 1,399 shares advanced against a decline of 1,161 shares, while 138 shares were unchanged.
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