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Markets off day's high, Nifty below 8,150; private banks fall

Axis Bank, Sun Pharma, Power Grid, ITC and TCS are down almost 1% each

SI Reporter  |  Mumbai 

Benchmark indices have trimmed gains and are trading near day’s low weighed by selling among defensive segments like pharma, FMCG and IT. At 14:40 pm, the S&P BSE Sensex was trading at 26,438, up 87 points, while Nifty50 was quoting 8,156, up 29 points. ALSO READ: Demonetisation effect: Fitch cuts India's FY17 growth forecast to 6.9% from 7.4% Top gainers from the Sensex pack are Maruti Suzuki, GAIL, Asian Paints, Hero Moto and M&M, all surging between 2%-4%. On the losing side, Axis Bank, Sun Pharma, Power Grid, ITC and TCS are down almost 1% ...

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First Published: Tue, November 29 2016. 14:40 IST
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