Market Watch

Profit booking drags Sensex 248 pts; Patel Engineering up 10%

09 September 2016 - 04:09 PM

Indian shares fell on Friday, tracking weak regional equity markets, as investors booked profits following reports of a nuclear test in North Korea and amid uncertainty over the European Central Bank's future policy steps.
 
The benchmark BSE Sensex ended 0.85 percent lower at 28,797.25, but posted a weekly gain of 0.93 percent.
 
The broader NSE Nifty closed down 0.96 percent at 8,866.70, but recorded a gain of 1.62 percent for the week.
 
No major event is lined up on domestic front in the near term so he suggested traders to keep a close watch on the global front for further cues.