Nifty hovers around 9600 post Fed rate hike; RIL supports again

Epic Update Reliance IndustriesEpic Update Reliance Industries

Benchmark indices continued to be volatile in morning trade, with the Nifty hovering around 9600 level after digesting Federal rate hike.

The 30-share BSE Sensex was down 14.45 points at 31,141.46 and the 50-share NSE Nifty fell 16.65 points to 9,601.50.

The market breadth turned strong as about 1,359 shares advanced against 903 declining shares on the BSE.

Reliance Industries was the biggest contributor to Sensex’ gain again, up 1.5 percent. Healthcare stocks were buzzing as Sun Pharma, Lupin, Dr Reddy’s Labs, Cipla and Aurobindo Pharma surged 1-6 percent.

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Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4 Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active
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Epic Research
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