Thursday, September 22, 2016

Sensex, Nifty off day’s high on profit booking; TCS, Lupin fall

The BSE benchmark Sensex came off day’s high in noon trade due to profit booking. The index rallied as much as 364 points in early trade after the Federal Reserve chairperson Janet Yellen decided to keep rates unchanged and her commentary also indicated no rate hike in December as well.

The 30-share BSE Sensex was up 221.98 points or 0.78 percent at 28729.40 and the 50-share NSE Nifty gained 72.85 points or 0.83 percent at 8850. About 1560 shares advanced against 932 declining shares on the BSE.
Reliance Industries, ICICI Bank, HDFC, HDFC Bank and L&T were top contributors to Sensex’s gains whereas TCS, Axis Bank, Lupin, HUL and Wipro remained weak.
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