Business Standard

Sensex, Nifty close little changed; worries about banknotes remain

Image

Reuters

REUTERS - Indian shares ended little changed on Wednesday, erasing early gains on concerns of slow economic growth in the near term and as worries lingered about the government's move to withdraw higher-denomination banknotes.

The Nifty closed 0.04 percent higher at 8,111.60 after rising as much as 1.25 percent earlier in the day, while the Sensex fell 0.02 percent to 26,298.69.

Consumer staples and drug makers were among the main decliners, with cigarette maker ITC ending down 2.8 percent.

(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Subhranshu Sahu)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 16 2016 | 4:09 PM IST

Explore News