PostMarket Nirmal Bang 17th May

Market closed negative as global cues were weak but recovered from day's low. We saw selling in sectors like Oil & Gas, IT & Auto. We saw buying in sugar stocks like Balrampur Chini was up by 4.47 per cent, Bajaj Hind was up 1.29 per cent & Renuka was up by .09 per cent. Market closed down at 5060 down by 34 points, before making an intraday high of 5095 and low of 4966. The benchmark index Sensex closed at 16,834 down by 159 points before making an intraday high...

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