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Markets end lower after record high; Sensex down 99 pts, Nifty below 10,500

All that happened in Wednesday's session

SI Reporter  |  New Delhi 

Anand James, Chief Market Strategist, Geojit Financial Services    Markets remained buoyant for most part of the day, but were in no mood to push much higher ahead of F&O expiry. Rising oil and tensions in the Korean peninsula are back to dominating global cues, while potential for long term capital gains being taxed are also viewed with caution. While SEBI's new framework to ease norms for FII investment may enthuse the investors in the new year, uncertainties over the H1B visa regime could stir up the momentum in IT stocks.  Sensex heatmap at close Source: BSE Markets at close   The S&P BSE Sensex settled at 33,911, down 99 points, while the broader Nifty50 ended at 10,490, down 41 points.   S&P BSE Sensex 33,873.79 -0.40%   Nifty 50 10,486.25 -0.43%   S&P BSE 200 4,651.94 -0.39%   Nifty 500 9,434.20 -0.38%   S&P BSE Mid-Cap 17,658.42 -0.27%   S&P BSE Small-Cap 19,041.57 -0.37% L&T's construction arm wins orders worth Rs 1,125 cr   Larsen & Toubro (L&T) on Tuesday said its construction arm has won orders worth Rs 1,125 crore across business segments. READ MORE Buzzing stock   McNally Bharat rallied as much as 5% to Rs 62.80 after the Kolkata-based construction and engineering firm  received an order for construction of 60 TPH Green Anode Plant from Vedanta Limited for a value of Rs 133.50 crore.  Sensex trades below 34,000 Source: BSE

The benchmark indices pared all intraday gains to settle lower on Wednesday with the Nifty50 slipping below its crucial 10,500 following news reports that the government may announce additional borrowing after the mop-up under the goods and services tax (GST) in November fell to just above Rs 80,000 crore.  The S&P BSE Sensex and the Nifty50 had hit their respective record highs in the early trade.   “The collection under the GST for November has been Rs 80,808 crore till December 25, 2017,” the government said in a release on Tuesday.  The ...

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First Published: Wed, December 27 2017. 15:35 IST
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Markets end lower after record high; Sensex down 99 pts, Nifty below 10,500

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Markets end lower after record high; Sensex down 99 pts, Nifty below 10,500

All that happened in Wednesday's session

The benchmark indices pared all intraday gains to settle lower on Wednesday with the Nifty50 slipping below its crucial 10,500 following news reports that the government may announce additional borrowing after the mop-up under the goods and services tax (GST) in November fell to just above Rs 80,000 crore.  The S&P BSE Sensex and the Nifty50 had hit their respective record highs in the early trade.   “The collection under the GST for November has been Rs 80,808 crore till December 25, 2017,” the government said in a release on Tuesday.  The ...

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