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Friday, 20 January 2017

Sensex slips 274 pts, Nifty ends below 8,350, Stock Option Trading Tips

Equity indices on Friday closed sharply lower after trading under pressure volatility as investors remained cautious ahead of inauguration speech of Donald Trump as US President today and after disappointing Axis Bank's earnings. S&P BSE Sensex settled the day at 27,034, down 274 points, while the broader Nifty50 ended at 8,349, down 85.75 points. 

The BSE Midcap index fell 1.5% while BSE Smallcap index fell 0.1.2%. About 1874 shares declined against 815 advancing shares on the BSE. Asian Paints , Bharti Airtel, , ITC and HDFC Bank were the top gainers while Axis Bank, Adani Ports, Tata Steel, SBI and ICICI Bank were the biggest laggards in the Sensex.

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