Friday 29 September 2017

Closing Bell: Sensex Erases All Gains, Nifty Ends Below 9800 Midcaps, Auto Gains

Posted by suhani varma on Friday, September 29, 2017 with No comments

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After witnessing a strong pullback in the opening tick and in the hours to follow, benchmark indices erased all of the gains in the final hour of trade on Friday. Sensex and Nifty ended almost on a flat note.

The Sensex closed up 1.24 points at 31283.72, while the Nifty was up 19.65 points at 9788.60. The market breadth was positive as 1611 shares advanced against a decline of 899 shares, while 172 shares were unchanged.

Midcaps had a strong day of trade, while barring IT and FMCG, all sectoral indices ended flat to positive.Bajaj Auto, Adani Ports, GAIL and Eicher Motors gained the most on both indices, while HUL and Wipro were the top losers.

 
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