Friday, 22 September 2017

Nifty Ends Below 10K Sensex Down By 447 Points

Posted by suhani varma on Friday, September 22, 2017 with No comments
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Nifty ended at 9,964.4 level, down by 157.5 points, while Sensex closed at 31,922 level, down by 447 points on Friday. Nifty and Sensex witnessed biggest 10-day fall in the past 10 months. There were 207 advances, 1,464 declines and 290 unchanged stocks on NSE, reflecting strong negative sentiments floating in the market.

Metal stocks witnessed strong downward movement. Nifty Metal index closed at 3,491.8 level, down by 4.04%. Hindalco was the top Nifty loser. The stock closed at Rs 232.7 per share, down by 4.85%. HCL Technologies was the top Nifty gainer, trading at Rs 882.9 per share, up by 1.45% or Rs 12.6 per share.

In the broader markets, BSE Mid-cap index closed at 15,609 level, down by 2.71% while BSE Small-cap index closed at 16,293 level, down by 2.93%.
Bank Nifty ended at 24,368 level, down by 430 points or 1.74%. Yes Bank was the top loser in the index closing at Rs 361.45 per share, down by Rs 15.6 per share or 4.14%. The index witnessed biggest intraday fall since November 21, 2016.

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