Market Watch

Sensex 118 points down ahead of meet on GST bill; Shivam Autotech up 5.6 pct

26 July 2016 - 04:19 PM

Indian shares ended lower on Tuesday after the broader NSE Nifty hit a one-year high as investors booked profits ahead of a state ministers' meeting to discuss the Goods and Services Tax bill.
 
The Nifty ended 0.52 percent down at 8590.65, after two consecutive sessions of gains, after touching a year high of 8644.90.
 
The BSE Sensex pared early gains and closed 0.42 percent down at 27,976.52.
 
India's second-largest drugmaker Dr Reddy's Laboratories Ltd was the biggest percentage loser on the Nifty after its June-quarter profit slumped 75 percent.