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Sensex,Nifty end lower on Friday

| | Oct 21, 2016, at 09:56 pm
Mumbai, Oct 21 (IBNS): Indian benchmark indices ended Friday on negative note with Sensex down 52.75 points at 28077.09 and Nifty down 8 points at 8691.40.

Overall, oil and gas, banks and infra stocks remained under pressure but better performance by HDFC Bank, ITC and Infosys helped stem the decline, accoridng to media reports.

Some of the key stocks that gained  were Idea Cellular, Tech Mahindra, Tata Power, HCL Tech, Dr Reddy's, HUL, TCS, HDFC Bank and GAIL while Axis Bank, Reliance, Hindalco, Ambuja Cement, ACC, Cipla, HDFC and Asian Paints were some of the losers.

Even though Reliance Industries (RIL) managed to beat the Street's estimates for its September quarter results (published on Thursday), it was not enough to boost market sentiment on Friday.

 

Image: Wikimedia Commons 

 

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