Post Session: Sensex ends 104 pts lower amid profit booking; bankex, power stocks drag 23/09/2016 16:12

Post Session: Sensex ends 104 pts lower amid profit booking; bankex, power stocks drag
23/09/2016 16:12

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The Indian equities ended on bearish note on Friday amid profit booking in banking, power and FMCG stocks, tracking weak cues from Asian and European markets. Outperforming the benchmark indices, the broader markets ended higher with the BSE mid-cap index ended 0.28 per cent higher and small-cap index settled 0.08 per cent higher.

The 30-share BSE SENSEX closed at 28668.22, down by 104.91 points, or by 0.36 per cent and the NSE Nifty ended at 8831.55, down by 35.9 points or by 0.4 per cent.

The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 557.40,-5.84%), Lupin Ltd. (Rs. 1488.75,-2.59%), Infosys Ltd. (Rs. 1043.00,-1.46%), Power Grid Corporation of India Ltd. (Rs. 175.80,-1.46%), ICICI Bank Ltd. (Rs. 271.80,-1.36%), among others.

On the flip side, Reliance Industries Ltd. (Rs. 1102.95,+1.41%), Dr. Reddy's Laboratories Ltd. (Rs. 3181.10,+1.05%), Tata Consultancy Services Ltd. (Rs. 2397.30,+0.83%), Housing Development Finance Corporation Ltd. (Rs. 1421.15,+0.54%), HDFC Bank Ltd. (Rs. 1313.15,+0.42%), were among top gainers on the BSE.

On the sectoral front, bankex and power stocks emerged as top losers, falling as much as 1.23 per cent and 0.61 per cent respectively.

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