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Wednesday, 21 December 2016

Stock Market Update | Nifty ends at 1-month closing low, underperforms broader markets

Equity Benchmark indices extended losses for six straight trading sessions amid volatility owing to lack of any major domestic as well as global cues. The market started off trade on a positive note following Asian peers but erased gains in late trade on weak European cues. Investors will closely watch tomorrow's GST meeting. 

The BSE Sensex closed down 65.60 points at 26242.38 and the NSE Nifty slipped 21.10 points to 8061.30, the lowest closing level since November 24. The Indian Rupee Closed higher by 12 paise at 67.91 per Dollar.
Benchmark indices underperformed broader markets. The market breadth negative as about 1146 shares have advanced, 1421 shares have declined and 184 shares are unchanged on the BSE. In Commodity market, Gold Declined 9 points to 27,121 and Sliver gained 107 points to 39,533.

Top Gainers: Ultra Tech Cement, IndusInd Bank, Bank of Baroda, NTPC, Lupin. 

Top Losers: Bharti Infratel, Sun Pharma, ITC, Zee Entertain, Ambuja Cement.