PreMarket Nirmal Bang 17th May

The markets opened flat but failed to sustain at higher levels and ended in red. All the major sectoral indices ended on a weak note. The Sensex closed at 16,995 down 271 points after trading in the range of 17,329-16,924. Nifty closed at 5,094 down 85 points after trading in the range of 5,193-5071. The small-cap and mid-cap indices were down by 1.1 per cent and 1.39 per cent respectively. The breadth of the market was negative and the turnover...

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