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Market closes lower on Wednesday

India Blooms News Service | | 26 Oct 2016, 04:29 pm
Mumbai, Oct 26 (IBNS): The Indian market ended in negative territory on Wendesday, with Sensex down 254.91 points at 27836.51 and Nifty down 76.05 points at 8615.25.

Weak quarterly results and overall under-performane by some leading stocks kept the share market under pressure.

The verbal duel between the Tata group and the former chairman Cyrus Mistry continued on Wednesday to the market's consternation and the group company's stocks too did not fare well.

Some of the key gainers on Wednesday were Hero MotoCorp, Bharti Airtel, Maruti, HUL and Dr Reddy's Labs while Axis Bank, Tata Steel, Tata Motors, ICICI Bank and Adani Ports were among the losers.


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