Sensex, Nifty consolidate; Yes Bank, Dr Reddy’s most active

Equity benchmarks as well as broader markets continued to consolidate in afternoon trade ahead of expiry of Nifty July derivative contracts and the outcome of two-day Federal Reserve’s policy meeting.

The 30-share BSE Sensex was down 23.45 points at 27953.07 and the Nifty gained 1.70 points at 8592.35.

The market breadth remained negative as about 1366 shares declined against 1203 advancing shares on the BSE.

Dr Reddy’s Labs (down 9.7 percent), Yes Bank, ICICI Bank, Maruti Suzuki, Axis Bank, Claris Life, SpiceJet and Jindal Steel were most active shares on exchanges.

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