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Monday, 4 September 2017

Stock Tips: Sensex, Nifty drops amid swelling US-North Korea tensions

Closing Update- Nifty closed at 9,903 level, down by 61 points, while Sensex closed at 31,702 level, down by 189 points in Monday’s trading session. Stocks of Infosys and HDFC Bank were the top contributors to the losses of the major indices. The market breakdown may be attributed to the increased geopolitical tensions. Selling pressure on the market kept the market weak and indices managed to end on a negative note as well.
IndusInd Bank was the top loser in the index closed at Rs 1662 per share, down by 1.79 percent. BSE Telecom was the top losing index, which closed at 1,410 level, down by 1.32 percent. Indian Telephone Industries Ltd (ITI) was the top loser in the index ending at Rs 97.7 per share, up by 4.17 percent.  BSE Metal was the top gaining index, closing at 13,563 level, up by 0.24 percent. 

Apex Frozen Foods listed on NSE at Rs 202.00 per share, at a premium of Rs 27 per share or 15.4 percent as compared to its issue price of Rs 175 per share.

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