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Tuesday, 31 January 2017

Sensex, Nifty Ended Lower | Nifty Future Tips For Tomorrow (1st February)

Equity markets end lower ahead of the presentation of the Union Budget on February 1. Nifty closed at 8555.55 levels, down by 77.2 points or 0.89%. Sensex closed at 27655.96 level, down by 193.60 points or 0.70%. Markets were trading in negative territory throughout the day. 

Broader markets were also showing weakness. BSE Mid-cap index closed at 12849.65 level, down by 1.16%; while BSE Small-cap index closed at 12924.92 level, down by 1.11%. 

Over all 384 advances, 1243 declines and 283 unchanged stocks on NSE, reflective of a strong negative bias floating in the market. All the sectors except FMCG were trading in red on Tuesday.

In Commodity market, Gold gained 146 points at 28,670, Silver hiked 128 points at 41,500. 

Asian Market Update: Nikkei 225 slipped 327 points to 19041, Hang Seng dropped 13 points to 23360 and Shanghai Composite hiked 10 points at 3159. 

Top Gainers: Idea Cellular, IndusInd Bank, ITC, Bharti Airtel, Power Grid Corp. 

Top Losers: Bharti Infratel, Grasim, TCS, Tech Mahindra, HCL Tech.