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Indian markets fail to rise on Wednesday

| | Aug 04, 2016, at 02:38 am
Mumbai, Aug 3 (IBNS): Indian benchmark indices slipped for the fourth consecutive session on Wednesday with Sensex down 284.20 points to 27697.51 and Nifty fell 78.05 points to 8544.85.

Weak global cues was largely responsible for the decline, according to media reports.

The market is also waiting eagerly to see the final outcome regarding the GST Bill that was introduced for discussion in the Rajya Sabha on Wednesday.

Key stocks that ranked among the gainers were Asian Paints, Sun Pharma, Cipla, Coal India and Infosys while ITC, BHEL, Reliance Industries, Power Grid, HDFC, L&T, TCS, ICICI Bank, Tata Motors and Maruti Suzuki were some of the major losers.

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