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Wednesday, 21 December 2016

Sensex down over 65 points, Nifty 50 below 8,100, Stock Option trading tips

Benchmark indices fell for six straight trading sessions amid volatility owing to lack of any major domestic as well as global cues, with the Sensex losing 65.60 points to 26,242.38. The Nifty managed to keep 8,050 level, falling 21.10 points to 8061.30. Among broader markets, BSE Mid-Cap index slipped 0.2 percent, and the BSE Small-Cap index added 0.1 percent. 

About 1400 shares declined against 1176 advancing shares on the BSE. Further, the holiday spirit is expected to keep the market muted due to less volume on the FII counter.   

M&M, Maruti Suzuki, Lupin, NTPC, ONGC, UltraTech Cement, Hindalco and Bank of Baroda were main contributors, while Sun Pharma, ITC, TCS, Axis Bank, L&T, Bharti Infratel, were under pressure, falling 1% - 3%.


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