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Indian benchmark indices end lower on Wednesday

| | Dec 27, 2017, at 10:05 pm

Mumbai, Dec 27 (IBNS): The Indian market failed to hold on to its record intra-day high and closed lower on Wednesday, with BSE Sensex down 98.80 points at 33,911.81 and NSE Nifty down 40.70 points at 10,490.80.

Top gainers included Sun Pharma, Tech Mahindra, Dr Reddy's Labs, M&M, HUL, Vedanta and Wipro while ICICI Bank, Bharti Airtel, UltraTech Cement, L&T, SBI, Bajaj Auto, TCS and HPCL declined.

On Wednesday, Jai Ram Thakur took oath as the chief minister of Himachal Pradesh in the presence of Prime Minister Narendra Modi, BJP president Amit Shah and other senior leaders, according to media reports.

The BJP won 44 of the 68 seats in the recently held state Assembly election, and the party, on Sunday, elected 52-year old Thakur, five-time MLA from Seraj constituency, as the leader of the  BJP Legislature party in Himachal Pradesh, after its chief ministerial candidate Prem Kumar Dhumal failed to register a win.

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