Friday 20 January 2017

Sensex loses 274 pts, Nifty below 8350; banks, IT, pharma drag

The market ended in red after gaining for the last two days. The Nifty closed below 8350 ahead of Donald Trump's inauguration as next President Of the United States. The Sensex closed down 274.10 points or 1 percent at 27034.50 and the Nifty slipped 85.75 points or 1 percent at 8349.35. About 819 shares advanced, 1870 shares declined, and 310 shares were unchanged. Pharma and oil gas sectors underformed this week while FMCG stocks did better than other indices.

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