Nifty off highs as profit booking sets in
MUMBAI: Indian equities were witnessing profit booking in frontline stocks after the inflation figures were out. Traders who held on to their
positions were getting out after inflation for the week ended February fell to 3.92 per cent against 4.39 per cent in previous week.
At 12:15 pm, National Stock Exchange’s Nifty was at 2784.15, up 8 points or 0.28 per cent. The index touched a high of 2802.15 and low of 2773.75.
Bombay Stock Exchange’s Sensex was at 9018.22, up 3.04 points. The index touched an intra-day high of 9111.95 and low of 9034.90.
M&M (3.40%), Wipro (3.37%), Suzlon Energy (3.36%), Grasim Industries (2.64%) and HDFC (2.36%) were the top Nifty gainers.
Hindustan Unilever (-2.05%), CAIRN Energy (-1.63%), Gail (-1.35%), ICICI Bank (-1.19%) and L&T (-1.03%) were the major Nifty losers.
source: Economic times.
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