Business Standard

Nifty ends below 8,350 on poor Q3 results; Trump inauguration eyed

BSE Sensex settled the day at 27,034, down 274 points, while Nifty50 ended at 8,349, down 85 points

Image via Shutterstock
Premium

<a href="http://www.shutterstock.com/pic-82482805.html" target="_blank">Image</a> via Shutterstock

Pranati Deva New Delhi
Benchmark indices continued trading under pressure volatility as investors remained cautious ahead of inauguration speech of Donald Trump as US President and after disappointing Axis Bank's earnings.
 
Broader sentiment was also subdued even after China's fourth-quarter economic growth beat expectations and Federal Reserve Chair Janet Yellen took a less hawkish policy stance.
 
Nifty 50 breached its 8,400 level dragged by Axis Bank, Bank of Baroda, Adani Ports and ACC while BSE Sensex fell as much as 296 points at intra-day.
 
S&P BSE Sensex settled the day at 27,034, down 274 points, while the broader Nifty50 ended at

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in