15.42 PM: Closing Bell: Nifty ends below 15,700, Sensex falls on Hawkish Fed policy

Market Close: Benchmark indices ended lower for the second consecutive day on June 17 amid weak global cues after US Fed signaled higher rates in 2023 in its policy outcome on Wednesday.

At close, the Sensex was down 178.65 points or 0.34% at 52323.33, and the Nifty was down 76.10 points or 0.48% at 15691.40. About 1347 shares have advanced, 1784 shares declined, and 149 shares are unchanged.

Adani Ports, Tata Steel, IndusInd Bank, Hindalco and Eicher Motors, while TCS, UltraTech Cement, HDFC Life, Tata Consumer and Asian Paints were among major gainers on the Nifty.

Except IT and FMCG indices ended in the red. BSE midcap and smallcap indices shed 0.5-1.3 percent.

News Source: Moneycontrol

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