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Markets end Friday in the red

Markets end Friday in the red

India Blooms News Service | 26 Aug 2016, 10:06 pm
Mumbai, Aug 25 (IBNS): The Indian markets closed lower on Friday largely due to mixed global cues, with Sensex down 53.66 points to 27782.25 and Nifty down 19.65 points to 8572.55.

IT, capital goods and banking stocks mostly felt the heat on Friday.

Some of the key stocks that gained were Tata Motors, Asian Paints, Reliance, GAIL, Bharti Infratel and Cipla while key losers included Wipro, Infosys, HCL, Bank of Baroda, State Bank of India, Adani Ports, L&T, and BHEL.

The global market, including India, is awaiting the speech by US Federal Reserve Chair Janet Yellen in Jackson Hole, Wyoming later on Friday, where she might hint at the direction of interest rate hikes.

 

Image: Wikimedia Commons

Markets end Friday in the red

India Blooms News Service
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