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Sensex ends flat but up 2% for the week, Nifty settles below 10,350

All that happened in the market today

SI Reporter  |  New Delhi 

Market rundown by Anand James, Chief Market Strategist at Geojit Financial Services    "Domestic indices remained volatile within a narrow range as a mixed bag of corporate numbers and profit booking in PSBs crippled the market's momentum. However, optimism in pharma and FMCG stocks guarded the key support levels. Small and midcap stocks continued to show strength ahead of MSME’s meeting with the GST council scheduled on Sunday. Revival in the banking sector seems to have eased the nerves of FIIs and now market will be expectant on further updates on GST implementations in petroleum products and better Q2 numbers."   YES Bank tanks over 7% Sectoral trend Source: NSE Top Sectoral Gainer: Nifty Pharma Source: NSE Nifty PSU Bank index down 4% on profit booking Source: NSE Top Sensex gainers and losers Source: BSE

The Nifty50 index pared gains to end in negative after hitting record highs earlier in the session, as Yes Bank slumped nearly 10% on concerns over bad loans. The Sensex ended flat but at new closing high for the day.  The NSE Nifty and BSE Sensex were gained more than 1.5% each for the week after the cabinet’s decision to inject $32.4 billion into state-run lenders over the next two years boosted sentiment. Analysts said markets may take a breather as investors digest corporate results. Q2 earnings of Indian Oil Corporation, ITC, also affected the ...

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First Published: Fri, October 27 2017. 15:30 IST
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Sensex ends flat but up 2% for the week, Nifty settles below 10,350

All that happened in the market today

The Nifty50 index pared gains to end in negative after hitting record highs earlier in the session, as Yes Bank slumped nearly 10% on concerns over bad loans. The Sensex ended flat but at new closing high for the day.  The NSE Nifty and BSE Sensex were gained more than 1.5% each for the week after the cabinet’s decision to inject $32.4 billion into state-run lenders over the next two years boosted sentiment. Analysts said markets may take a breather as investors digest corporate results. Q2 earnings of Indian Oil Corporation, ITC, also affected the ...

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