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Tuesday, 17 January 2017

Indian Stock Market Update With Nifty Tips For Tomorrow

Equity benchmarks failed to hold on to opening gains Tuesday as the Nifty ended below 8400 level amid consolidation, weighed by bank and oil stocks. Investors maintained cautious stance ahead of British Prime Minister Theresa May's speech on Brexit plans due later today. The market opened higher following consensus over GST roll out. 

The BSE Sensex declined 52.51 points at 27235 and the NSE Nifty slipped 14.80 points to 8398. Over all 1344 shares have advanced, 1372 shares have declined and 323 shares have unchanged. The Indian Rupee closed higher by 15 paise at 67.95 per Dollar. 

The BSE Small Cap gained 42 points at 12804, BSE Mid-Cap lost 21 points to 12672. In Commodity market, Gold closed up 199 points at 28,728 and Silver hiked 516 points at 41,476. 

Asian Market Update: Japan's index Nikkei 225 dropped 281 points to 18813, Hong kong's index Hang Seng jumped up 122 points at 22840 and China's index Shanghai Composite closed up 5 points at 3108. 

Top Gainers: NTPC, Asian Paints, Axis Bank, HUL, Hero Motocorp.

Top Losers: Reliance, Coal India, ONGC, Adani Ports, HDFC.