Friday, 17 April 2015

Nifty Market Closing Updates Nifty Down By 72.65 points



The market closed lower for the third consecutive session on Friday due to selling pressure in technology, banks, healthcare and auto stocks. The Sensex fell 223.94 points to 28442.10 and the Nifty lost 100.70 points to 8606.Key benchmark indices extended fall and hit fresh intraday low in mid-afternoon trade. The 50-unit CNX Nifty hit its lowest level in more than a week. The fall in the Nifty in percentage terms was higher than the decline in the barometer index, the S&P BSE Sensex.

 The Sensex was currently off 152.64 points or 0.53% at 28,513.40. The Nifty was currently off 72.65 points or 0.83% at 8,634.05. The fall in the Nifty in percentage terms was higher than the decline in the Sensex because a number of Nifty constituents which are not part of the Sensex declined. All these are Nifty constituents which are not part of the Sensex. The market breadth indicating the overall health of the market was negative. The CNX Nifty was down 72.65 points or 0.83% at 8,634.05. The index hit a low of 8,629.90 in intraday trade, its lowest level since 7 April 2015. The index hit a high of 8,699.85 in intraday trade.

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