Taking Stock: Inflation spoils the party as profit booking hits D-St

Episode 2023,   Dec 16, 2019, 10:55 AM

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The S&P BSE Sensex hit a record high of 41,185 on December 16, but pared gains towards the end of the session to close in the red, and below 41,000. The Nifty50 is still 105 points short from its record high of 12,158.

The NiftyBank which hit a record high of 32,186 also failed to hold on to the gains as the index closed with losses of 0.13 percent at 31,974.