Nifty breached 9,800-level, down 92 pts

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Press Trust of India Mumbai
Last Updated : Sep 25 2017 | 6:22 PM IST
The NSE benchmark Nifty ended below 9,900 level, falling by 91.80 points or 0.92 per cent to 9,872.60 following heavy selling amid concerns over FIIs pulling out coupled with unending Korean tension dampening sentiment.
Overseas, European and Asian stocks dropped as investors digested elections in Germany and New Zealand over the weekend.
The Nifty opened lower at 9,960.10 and drifted further to 9,816.05 before ending at 9,872.60, fell by 91.80 points, or 0.92 per cent.
It saw an intra-day movement of about 144 points.
On the sectoral front, realty dipped 3.13 per cent, followed by pharma 1.78 per cent, metal 1.19 per cent, infra 1.11 per cent, finance service 1.11 per cent, auto 1.09 per cent, FMCG 0.95 per cent, PSU banks 0.85 per cent, banks 0.84 per cent, private banks 0.75 per cent and IT 0.59 per cent.
Major Index losers were, ACC, AuroPharma, Adaniports, AmbujaCem, UltraCemCo, ACC, ITC, IOC and Bosch Ltd.
Gainers were Tata Power, Coal India, Zeel, ICICI Bank, Hindunilver, Bank Of Baroda, Reliance and Powergrid.
The broader markets followed the frontline indices, as Nifty Midcap and Smallcap fell 1.32 and 2.34 per cent, respectively.
The market breadth, indicating the overall health of the market, showed the losers taking a lead over the gainers. On the NSE, 1,423 stocks declined, compared with 314 stocks advanced and 44 stocks remaining unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 1,249.45 crore today, as per provisional data released by the stock exchange.
Total securities that hit their price bands were 197.
Turnover in the cash segment eased to Rs 29,598 crore from Rs 30,086.39 crore last Friday.
A total of 14,443.55 lakh shares changed hands in 11,115,111 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,30,44,749.62 crore.

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First Published: Sep 25 2017 | 6:22 PM IST

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