Nifty slips 17 pts, ends below 9,650

Benchmark Nifty settled with small losses to end at 9,647.25 in range-bound trade today following selling in IT, PSU Bank, Energy and Infra stocks as caution prevailed ahead of elections in the UK and the European Central Bank's monetary policy review.
In overseas markets, European stocks edged higher as UK voting began and European Central Bank's (ECB) monetary policy takes centre-stage. Asian stocks were mixed.
The NSE 50-share Nifty index opened higher at 9,682.40 and hovered between 9,688.70 and 9,641.50 before finishing at 9,647.25, a fall of 16.65 points, or 0.17 per cent.
It saw an intra-day movement of about 47.20 points.

Sector-wise, IT dropped 1.41 per cent, PSU Bank 0.86 per cent, Energy 0.74 per cent, Infra 0.39 per cent, Realty 0.20 per cent and FMCG 0.18 per cent.
However, Pharma rose 2 per cent, followed by Metal 0.88 per cent and Finance Service 0.40 per cent.

The broader markets gained further, with the mid-cap and small-cap indices rising by 0.27 per cent and 0.21 per cent, respectively.
Major index losers were TCS, which fell by 3.58 per cent, followed by GAIL 3.48 per cent, IOC 2.01 per cent, Asian Paints 1.57 per cent and Hero Motoco 1.53 per cent.
Dr Reddy's rose 3.76 per cent, Sun Pharma 3.38 per cent, HDFC 2.14 per cent, Tata Motors DVR 1.92 per cent and Cipla 1.84 per cent.

A total of 836 scrips advanced, 825 declined, while 87 remained unchanged. The total securities that hit their price bands were 117.
Turnover in the cash segment fell to Rs 22,446.72 crore from Rs 23,043.67 crore yesterday.
A total of 9,717.45 lakh shares changed hands in 82,28,274 trades.
The market capitalisation of listed firms on the NSE stood at Rs 1,25,41,244 crore.