MARKET WRAP: Sensex ends 139 pts lower, Nifty at 10,808 as Fed hikes rates

Representational ImageNifty IT Index ended 1.49% lower. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) MINDTREE 994.05 1028.75 -34.70 -3.37 INFOSYS 1240.00 1274.80 -34.80 -2.73 TECH MAHINDRA 698.40 713.80 -15.40 -2.16 TCS 1785.00 1824.10 -39.10 -2.14 INFIBEAM INCORP. 151.90 153.90 -2.00 -1.30 Nifty sectoral losers of the day BSE Sensex: TCS, ICICI Bank, SBI among top losers of the day, Sun Pharma top gainer Market at close   The S&P BSE Sensex ended at 35,600, down 139 points while the broader Nifty50 index settled at 10,808, down 49 points. Future Supply Chain, Hindustan Aeronautics hit lowest level since listing Shares of Future Supply Chain Solutions (FSC) and Hindustan Aeronautics (HAL) have hit their respective lowest values since their listing on the bourses. FSC, a Future Group Company, has dipped 7% to Rs 620 on the BSE. The stock made its debut on December 18, 2017, trading 7% lower against its initial public offer price of Rs 664 per share. READ MORE   Euro zone bond markets brace for ECB shift, stimulus scheme nears end   European government bond yields in the euro area edged up on Thursday as the European Central Bank prepared to debate whether to end its unprecedented stimulus scheme this year.   On Wednesday the US Federal Reserve raised interest rates as expected, and signalled two more hikes this year, citing higher inflation. READ MORE
Source: Business Standard