Equities remain range-bound, Cipla falls by 2.4 pc

New Delhi, Feb 20 (ANI): Equity benchmark indices closed 0.37 per cent lower on Thursday as concerns over the impact of coronavirus on economic growth kept investors across the globe jittery. The International Monetary Fund (IMF) said the epidemic has already disrupted economic growth in China and its spread to other countries can derail a fragile projected recovery in global economy this year. But the good news was recovery rates showing signs of improvement. Investors also awaited more clarity on US President Donald Trump's statement ahead of his India visit that the two countries are working on a major trade deal. The BSE S and P Sensex closed 153 points lower at 41,170 while the Nifty 50 slipped up by 45 points to 12,081. Sectoral indices at the National Stock Exchange were mixed with Nifty IT, FMCG, pharma and financial service in the red. Among stocks, pharma major Cipla slipped by 2.41 per cent to Rs 436.70 per share while FMCG giants Hindustan Lever and Nestle India closed 1.9