Sensex, Nifty end on a negative note

The benchmark Sensex today hit an all-time high during the day, but closed down after some disappointing quarterly earnings as investors digested the outcome of the Federal Reserve meeting.

By :  migrator
Update: 2017-11-02 10:45 GMT
Bombay Stock Exchange

Mumbai

Also, the Nifty slipped from record and finished lower by 16.70 points, or 0.16 per cent, at 10,423.80.

The NSE index had closed at a record high of 10,440.50 yesterday.

The BSE 30-share Sensex advanced to a new all-time intra-day high of 33,657.57, but soon gave up its early gains on profit-booking. It ended at 33,573.22, down 27.05 points, or 0.08 per cent.

The Sensex had closed at a new peak of 33,600.27 yesterday by rallying 387 points.

The US central bank left interest rates unchanged at the end of its two-day policy meet, but remains on path for a possible December hike as it cited "solid rate" of growth.

Sentiment was hurt after some blue-chip companies posted muted earnings and auto makers came out with lower-than expected sales data for October with a single-digit growth, traders said. 

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