more-inBenchmark equity indices lost ground for the fourth consecutive session on Friday as concerns related to fiscal deficit dampened investor sentiments even as a higher GDP growth rate was reported after market hours on Thursday. The 30-share Sensex lost 316.41 points or 0.95% to close at 32,832.94. Almost 1,700 stocks lost ground on the BSE as against only 1,010 gainers. Further, as many as 27 of the 30 constituents of the Sensex pack lost ground with Tata Steel, Adani Ports, Sun Pharmaceuticals, Bharti Airtel and Bajaj Auto all losing more than 2% each. Government data released on Thursday showed that the fiscal deficit at the end of October touched 96.1% of the budget estimate for 2017-18.

Source: The Hindu December 01, 2017 16:07 UTC