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Indian markets end the first day of fiscal 2017 in the red

India blooms News Service | | Apr 01, 2016, at 09:59 pm

#Indian markets end the first day of fiscal 2017 in the red

Mumbai, Apr 1 (IBNS) Hampered by weak global cues and a profit booking, Indian benchmark indices ended Friday, the first day of the new fiscal year, on a negative tone, with the Sensex down 72.22 points to 25269.64 and the Nifty dwon 25.35 points to 7713.05.

A surge in select banking stocks during intraday trading helped trim losses.

ITC, L&T, ICICI Bank, Axis Bank and BHEL ranked among the stocks that gained on Friday while TCS, Bharti Airtel, Reliance Industries, Infosys, Tata Motors and ONGC figured among the losers.

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