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Indian benchmark indices end lower on Monday

| | Aug 21, 2017, at 10:08 pm
Mumbai, Aug 21 (IBNS): The Indian market did little to boost investor sentiment on Monday with the BSE Sensex down 265.83 points at 31258.85 and NSE Nifty down 83.05 points at 9754.35.

Key stocks that gained on Monday were Axis Bank, TCS, Eicher Motors, ICICI Bank, HDFC, Tech Mahindra, M&M and ITC while Infosys, BHEL, Bharti Infratel, Dr Reddys Labs, Bank of Baroda, Adani Ports, ONGC and Tata Motors declined.

The proposed strike on Tuesday by bank unions is  likely to hit a large number of customers, media reported.

The strike has been called by the United Forum of Bank Unions (UFBU) an umbrella body of nine unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).

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