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Nifty ends flat, IT firms hit by stronger rupee

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Reuters
Last Updated : Mar 15 2017 | 4:07 PM IST

REUTERS - The Nifty ended flat on Wednesday, after having hit a record high in the previous session, as a sharp rally in the rupee hurt shares of IT firms and sentiment turned cautious ahead of the U.S. Federal Reserve's rate decision.

The broader Nifty ended little changed at 9,084.8. The index hit a record high of 9,122.75 in the previous session.

The benchmark Sensex closed down 0.2 percent at 29,398.11.

Infosys Ltd fell 2.2 percent, while Tata Consultancy Services Ltd lost 2.7 percent.

(Reporting by Arnab Paul; Editing by Amrutha Gayathri)

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First Published: Mar 15 2017 | 3:59 PM IST

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