Nifty snapped its three-day winning streak to end 41 points lower at 10,700.45, weighed down by selling in realty, metal, PSU bank, energy, infra, FMCG and auto stocks.
NSE benchmark Nifty for the week started on a jubilant note hitting yet another fresh record closing high, up 60.30 points to 10,741.55 following strong buying spree.
For the week, the S&P rose 1.6 percent, compared with the Dow’s 2-percent rise and a 1.8-percent advance in the Nasdaq.
Wall Street’s main indexes were higher as strong December retail sales data drove gains in consumer stocks and bank results pushed up the financial sector.
US stock futures rose and pointed to a positive open for Wall Street as investors digested fourth-quarter earnings reports from big U.S. lenders.
The stocks are set to be in focus in the coming weeks as Trump seeks legislation geared at overhauling the country’s aging roads, bridges and other infrastructure.
US stocks rose with a broad-based rally across sectors as speculation over China halting US bond purchases eased and investors focused on quarterly earnings reports.
Dow e-minis 1YMc1 were up 19 points, or 0.07 percent, with 16,674 contracts changing hands.
Dow e-minis 1YMc1 were up 44 points, or 0.17 percent, with 14,256 contracts changing hands.
Nifty ended at fresh record closing high above 10,600-mark, up 65 points following strong buying sentiment tracking positive global cues, post GDP estimates.
Sells 85% of units in Project Forest Edge on day of launch
Board approves buyback of upto Rs 166 Cr At Rs 1,100/Sh
Gets environment approval for pesticide plant in Gujarat
Taj Mansingh Bidding may be delayed by a month
Business Standard Reports
BANK OF INDIA
Defers Rs 3,000 Cr QIP as Govt Infuses Rs 2,257 Cr
Business Line Reports