3.37 PM: Benchmark indices snapped three days winning streak on December 16 after weak WPI inflation

Market Close: Benchmark indices snapped three days winning streak on December 16 after weak WPI inflation for the month of November pulled the Sensex and Nifty Bank from their record highs registered in the early morning trade.

At close, the Sensex was down 70.99 points at 40,938.72, while Nifty was down 26 points at 12,060.70. About 1122 shares have advanced, 1342 shares declined, and 207 shares are unchanged.

Grasim Industries, Adani Ports, JSW Steel, ITC and Eicher Motors were among major losers on the Nifty, while gainers were TCS, HCL Technologies, Tech Mahindra, Kotak Mahindra Bank and HDFC.

Among sectors, except IT other indices are ended lower led by the metal, auto, FMCG, energy, pharma and infra.

News Source:- moneycontrol

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