Profit Booking & Negative Global Cues Dragged the Market Down

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niveza
Posts: 132
Joined: Wed Feb 22, 2017 3:48 pm

Profit Booking & Negative Global Cues Dragged the Market Down

Post by niveza »

Today’s market opened negative due some profit booking seen in infrastructure, banks and auto sector stocks ahead of inflation data due today and the US Federal Reserve policy meeting later this week. Negative news from tech sell off in US markets also dragged the markets. Sensex lost 166.36 points to 31095.70; Nifty lost 51.85 points to 9616.40.

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