Nifty below 9,600-level, down 55 pts

Falling for the fourth straight session, the NSE Nifty today dropped another 55 points to close at 9,574.95 on emergence of selling mainly in PSU bank, realty, auto, media, bank and financial services stocks.
Investors preferred profit-booking ahead of a long weekend and also maintained a cautious stance, considering that GST rollout date is approaching fast.
Besides, participants are keenly awaiting Prime Minister Narendra Modi's first US visit under the Donald trump dispensation next week.
In overseas markets, European stocks edged lower as oil and gas and consumer goods shares declined. Investors will assess data for eurozone manufacturing and services activity in June. Most Asian shares ended higher as crude oil prices pulled away from this week's 10-month lows.

The NSE 50-share Nifty index opened higher at 9,643.25 and hovered in a range of 9,647.65 and 9,565.30 before ending at 9,574.95, a fall of 55.05 points, or 0.57 per cent.
It saw an intra-day movement of about 82.35 points.

Sector-wise, PSU Bank fell 2.00 per cent followed by auto 1.69 per cent, realty 1.62 per cent, media 1.44 per cent, bank 0.81 per cent, finance service 0.79 per cent, metal 0.70 per cent, infra 0.64 per cent, private banks 0.56 per cent and energy 0.36 per cent.
In the broader market, the Nifty mid-cap and small-cap indices fell 1.24 per cent and 1.54 per cent, respectively.

Major index gainers were Powergrid (1.83 per cent), Vedl (1.11 per cent), SunPharma (0.95 per cent), AuroPharma (0.95 percent), ICICI Bank (0.78 per cent).
Losers included Bank Of Baroda (2.60 per cent), IOC (2.57 per cent), Tata Motors (2.11 percent), TataMtrDvr (2.07 per cent), Bosch Ltd (2.03 per cent) and SBIN (1.88 per cent).
A total of 1,340 scrips declined, 348 advanced, while 79 remained unchanged.
Total securities that hit their price bands were 117.
Turnover in the cash segment fell to Rs 23,570.39 crore from Rs 26,262.87 crore yesterday.
A total of 13,923.25 lakh shares changed hands in 90,69,754 trades.

The market capitalisation of listed firms on the NSE stood at Rs 1,24,23,250.61 crore.
The National Stock Exchange market will remain closed on Monday for "Ramzan Id" holiday.