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Friday, 31 March 2017

Market settles lower on profit booking; Nifty near 9200

The benchmark indices settled lower after rolling between gains and losses on Friday. The BSE Sensex, fell 26.92 points or 0.09% to 29,620.50. The Nifty 50 index ended flat at 9,173.75. Investors booked profits after gains in past three sessions. 

The BSE Mid-Cap index was up 0.79%, while the BSE Small-Cap index was currently up 0.72% outperforming the Sensex. These indices registered their second best performance in 7 years during financial year 2016-17. 

On BSE, 1,576 shares ascended and 951 shares descended and 210 shares were unchanged. 

Reliance Industries (RIL) rose 4.03% to Rs 1320.50 hitting a high and low of Rs 1,336 and Rs 1,268.95, respectively in intraday trade. Indian Oil Corp Ltd was the top percentage gainer, growing about 3.70%.


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