Wednesday, 18 January 2017

Sensex ends off day's high, Nifty manages to hold 8400

Equity benchmarks closed off day's high for the second consecutive session Wednesday as investors eyed corporate earnings. Globally investors awaited Friday's inauguration of Donald Trump as US president. The Nifty reclaimed 8450 intraday after the tax department kept in abeyance its recent circular on indirect transfer of shares by foreign investors. 

The 30-share BSE Sensex rose 21.98 points to 27257.64 and the 50-share NSE Nifty rose 19 points at 8417 while broader markets outperformed. The BSE Midcap and Smallcap indices gained around half a percent.

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