Markets lose on fed rate hike, Sensex just below 35,600

NEW DELHI: Rate hike in the Federal Reserve System in US and a widening current account deficit nearer house snapped a 3-day successful run in the fairness markets on Thursday.


30-share BSE Sensex misplaced 139.34 points to close at 35,599.82 whilst the wider 50-share NSE Nifty controlled to stay above 10,800-mark regardless of dropping part a consistent with cent.


Both IT and PSU Bank sub-indices misplaced 1.five consistent with cent all over the day's business. Pharma which received 2 consistent with cent used to be the only sector to complete in the green.


Sun Pharma, Yes Bank, IndusInd Bank and Dr Reddy topped the charts.
Markets lose on fed rate hike, Sensex just below 35,600 Markets lose on fed rate hike, Sensex just below 35,600 Reviewed by Kailash on June 14, 2018 Rating: 5
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