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Equities suffer losses, Nifty ends below 9,600

Press Trust of India  |  Mumbai 

Equities slipped back into the red today after a two-day winning run as the declined over 80 points and the cracked below 9,600, with investors turning cautious after the Federal Reserve's

The 30-share Sensex, after opening higher, touched a high of 31,229.44, but slipped to end lower by 80.18 points, or 0.26 per cent, at 31,075.73.

The index had risen 60.21 points in the last two sessions.

The after shuttling between 9,621.40 and 9,560.80 settled at 9,578.05, down 40.10 points, or 0.42 per cent.

Caution prevailed after the US Fed raised its key by 25 basis points and announced plans to start paring its bond holdings, and on an overnight slump in crude prices.

Besides, the ongoing US political turmoil also had a rub-off effect on the sentiment.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 15 2017. 16:22 IST