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Indian market declines for second consecutive day on Wednesday

Indian market declines for second consecutive day on Wednesday

India Blooms News Service | | 28 Jun 2017, 04:30 pm
Mumbai, Jun 28 (IBNS): Indian benchmark indices closed lower on Wednesday for the second consecutive session, with the BSE Sensex down 123.93 points at 30834.32, and the NSE Nifty down by 20.15 points at 9491.25.

The scheduled Goods and Services Tax (GST) roll out on July 1 and its practical impact has kept the marker on tenterhooks.

Besides the expiry of the derivatives contract on June 29 has also forced the market to maintain a low profile, according to reports.

Some of the key stocks that gained on Wednesday were Tata Steel, Tech Mahindra, BHEL, Bharti Airtel, Wipro and ICICI Bank while Reliance, Asian Paints,Zee Entertainment,  HDFC, ONGC and ITC declined.

 

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