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Sensex ends flat, Nifty below 9950; M&M top loser ahead of GST Council meet

SI Reporter/New Delhi 08 Sep 17 | 03:37 PM

The benchmark indices edged marginally higher on Friday as metal shares continued to rally on the back of higher commodity prices, but snapped a three-week winning streak amid continued caution about global risk factors such as North Korea.

Meanwhile, European stocks were off 0.3% as the stronger euro -- a hit to exporters’ profits -- continued to take the shine off one of the most favoured trades from earlier this year. Europe’s main benchmark is now down more than 6% from its May highs.

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However, analysts cautioned domestic markets were unlikely to gain much, with global risk factors such as continued tensions on the Korean peninsula weighing on sentiment.

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Company Price Gain (%)
Kotak Mah. Bank1,051.751.04
Dr Reddy's Labs2,212.750.83
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