Thursday, 15 December 2016

SENSEX Finishes Flat

Indian share market finished the volatile day on a dull note as the dollar rose sharply after the Federal Reserve's first interest rate rise this year and its hawkish rate outlook for 2017. The Fed's 25 basis points rate hike was widely anticipated by the market, but it was the projected trajectory of three rate hikes for 2017 that raised concerns.

At the closing bell, the BSE Sensex stood lower by 84 points, while the NSE Nifty finished down by 29 points. The S&P BSE Mid Cap finished flat, while the S&P BSE Small Cap finished up by 0.2%. Losses were largely seen in pharma sector and FMCG stocks.

Here is a list of BSE gainers today.

At the time of writing this share market news, oil prices were trading at US$ 51.28 while the rupee was trading at 67.80 against the US dollar.

Infosys share price finished the day down by 0.6% on the BSE.

Wipro share price finished the trading day up by 0.3%.

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