Home Business Key indices Sensex and Nifty closed in the red on Friday, taking...

Key indices Sensex and Nifty closed in the red on Friday, taking a breather after hitting seven consecutive sessions of fresh record highs, dragged down by heavyweight financial stocks and investors’ profit-booking.

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Dear Trader… The BSE Sensex declined 264 points or 0.31%, settling at 85,571. The broader NSE Nifty future dropped 36 points or 0.14%, ending at 26,345. HDFC Bank, ICICI Bank, Bharti Airtel, L&T, Power Grid, and Kotak Mahindra Bank were the top contributors dragging down the Sensex, while Sun Pharma,

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.