In anticipation of US inflation data and fear of further hike from Central banks, the domestic benchmark indices closed lower on Thursday led by banking, financial and IT stocks.<\/p>\n
The 30-share pack Sensex fell 390 points to reach 57,235, while its broader peer Nifty slipped 109 points to close at 17014.<\/p>\n
Wipro was the largest loser in the 30-share pack Sensex, falling 7.03 per cent to Rs 379.1 after weak Q2 results. Among the other losers were SBI, L&T, ICICI Bank, Asian Paints and Bajaj Finance, declined 1 to 2 per cent.<\/p>\n
However, HCL Tech, Sun Pharma, Dr Reddy\u2019s Labs and Reliance ended with gains.<\/p>\n
Among the sectors, Nifty PSU Bank index was the top loser, declining 1.58 per cent.<\/p>\n
Nifty Financial Services, FMCG, Realty, PVT Bank and Consumer Durables indexes also ended with cuts. Nifty Midcap50 and Smallcap50 fell 0.93 per cent and 0.59 per cent respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
In anticipation of US inflation data and fear of further hike from Central banks, the domestic benchmark indices closed lower on Thursday led by banking, financial and IT stocks. The 30-share pack Sensex fell 390 points to reach 57,235, while its broader peer Nifty slipped 109 points to close at 17014. Wipro was the largest […]<\/p>\n","protected":false},"author":3,"featured_media":6754,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3833,1,8,6,5,31],"tags":[4389,222,298],"class_list":["post-7059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-economy-and-politics","category-india-inc","category-opinion-makers","category-markets","category-news","tag-forex","tag-rupee","tag-us-dollar"],"aioseo_notices":[],"yoast_head":"\n