Friday, 17 April 2015

Closing Summary, Market Synopsis: 17th April, 2015

Sensex ends below 28,450; IT shares drag: Markets ended lower for the third straight session weighed down by information technology shares after TCS reported lower-than-expected revenue growth in constant currency terms in the fourth quarter while profit taking in private lenders and Pharma shares further added to the losses. The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606. The broader markets were ended lower with BSE Mid-cap down 2% and Small-cap index slipped 1.5%.

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