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Nifty snaps 4-day winning run; oil refiners drag

Reuters 

- The snapped four straight sessions of gains on Wednesday, retreating from near record highs, as a late-session fall in refiners offset gains in drugmakers and state-run lenders.

marketing companies slipped in the afternoon trade after local media, citing a government official, reported that the government was unlikely to further raise fuel prices due to worries about higher inflation. Bharat Petroleum Corp fell 6.3 percent.

The broader NSE ended 0.14 percent lower at 10,079.30 after earlier touching 10,131.95, not far from the record 10,137.85 hit on August 2.

The benchmark BSE managed to end in the positive territory for a fifth consecutive session, closing up 0.09 percent at 32,186.41.

(Reporting by Vishal Sridhar in Bengaluru; Editing by Gopakumar Warrier)

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

First Published: Wed, September 13 2017. 15:59 IST
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