Thursday 1 December 2016

Nifty ends below 8200; telcos fall as Rel Jio extends free offer

                             
The market has ended in red. The Sensex was down 92.89 points or 0.3 percent at 26559.92 and the Nifty slipped 31.60 points or 0.4 percent at 8192.90. About 1112 shares advanced, 1563 shares declined, and 139 shares were unchanged.

Telecom stocks ended in red reacting to Jio's free offer. GAIL, Sun Pharma, Hero MotoCorp, Dr Reddy's Labs and Bajaj Auto were gainers while Asian Paints, Tata Motors, ICICI Bank, M&M and Bharti are losers in the Sensex.

MMMFS MARKET CLOSING BUZZ:
NIFTY 50 FUT- 8209.85, -50.50
NIFTY BANK FUT- 18478.00, -222.95

SENSEX - 26562.61, -90.20

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