Share On:

Indian equity benchmark indices the S&P BSE Sensex and the Nifty 50 closed last on a sour note. The slide on the last trading session of the week is attributable to the caution ahead of US President-elect Donald Trump's inauguration later in the global day on Friday, 20 January 2017. Markets across the globe await a clear cut direction from Trump on US' economic policies. The Sensex lost 203.56 points or 0.74% to settle at 27,034.50. The Nifty declined 51 points or 0.6% to settle at 8,349.35.In the broader market, the BSE Mid-Cap index shed 0.43%, while the BSE Small-Cap index bucked the market trend by advancing 0.56% during the week. Positives such as the GST Council breaking deadlock over issues of administrative control over assesses, and broadly agreeing to rollout the GST from July 1 and the tax relief for foreign portfolio investors (FPIs) played a small role in supporting the indices.

Read More