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Thursday, December 15, 2016

Sensex, Nifty remain rangebound; FMCG, banks stocks weak




Equity benchmarks continued to consolidate after pricing in Federal Reserve event. FMCG, private banks, healthcare and telecom stocks were under pressure while technology stocks continued to support the market. 


Equity benchmarks remained volatile due to lack of domestic as well as global cues after Federal Reserve meet. 


The 30-share BSE Sensex declined 10.89 points to 26591.95 and the Nifty slipped 5.60 points to 8176.85. 


About 1291 shares advanced against 1117 declining shares on the BSE.






More will update soon!!