Indian benchmark indices close on a gloomy note on Friday
While the market continued to reel under the effects of the central government's demonetisation policy, of banning currency notes of rupees 500 and rupees 1000 denomination, the mood turned cautious with US Fed chief Janet Yellen indicating that an interest rate hike is imminent, according to media reports.
Some of the key stocks that gained on Friday were NTPC, Sun Pharma, Bharti, Hero MotoCorp and M&M while Tata Steel, ITC, GAIL, Asian Paints and HDFC Bank declined.
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