Sensex falls over 100 points; Nifty trades at 10453

Pat Wise
April 16, 2018

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On the NSE, the top gainers were Cipla, Grasim Industries and Hero MotoCorp, while the top losers were Tata Motors, Infosys and Wipro.

According to government data, wholesale inflation eased marginally to 2.47 per cent in March on cheaper food articles, especially pulses and vegetables.

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The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,944.73 points, closed at 34,305.43 points (3.30 p.m.) - up 112.78 points or 0.33 per cent from its previous session's close.

Besides, reflecting further improvement in the economic situation, industrial production grew by a healthy 7.1% in February while the key retail inflation slipped to a five-month low of 4.28% in March, official data showed on Thursday.

SGX Nifty is now trading in the red down 50 points at 10,452. EMini futures for the S&P 500 nudged up 0.38 percent, while Japan's Nikkei added 0.2 percent. Intra-day, it hovered between 10,396.35 and 10,540.15. The stock was the biggest contributor to the losses on BSE Sensex.

In the broader market, the BSE Midcap was little changed, while the BSE Smallcap gained 0.4 per cent. Market breadth, indicating the overall health of the market, turned negative.

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