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Indian benchmark indices trim gains but end positive on Friday

| | Sep 16, 2016, at 09:48 pm
Mumbai, Sep 16 (IBNS): The Indian markets ended Friday on positive note, with Sensex up 186.14 points at 28599.03 and Nifty up 37.30 points at 8779.8.

However, the benchmark indices could not retain their day's high owing to profit booking in the afternoon and weak cues from European markets, according to media reports.

Some of the top gainers on Friday were Power Grid, ITC, Maruti, Reliance and Axis Bank while those in negative territory included Tata Steel, Asian Paints, Tata Motors, ICICI Bank and Lupin.

Union Finance Minister Arun Jaitley also held the quarterly performance review meeting with public sector banks and financial Institutions on Friday.

Issues like NPAs, credit growth  and financial inclusion was discussed at the meeting, according to media reports.  

 

Image: WIkimedia Commons

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