Closing Bell - Sensex sinks over 250 pts, Nifty breaks 8350; ICICI, Axis drag

Benchmark indices remained under pressure with the Sensex down 252.34 points or 0.92 percent at 27056.26 and the Nifty down 80.15 points or 0.95 percent at 8354.95.

Public sector lender Canara Bank's profit in October-December quarter increased 279 percent to Rs 322 crore compared with Rs 85 crore in year-ago period, but asset quality worsened further on sequential basis. Net interest income, the difference between interest earned and interest expended, grew by 8.4 percent year-on-year to Rs 2,414 in the quarter ended December 2016.

Gainers
Symbol	LTP	% chng	Volume
IDEA BHARTIARTL YESBANK ULTRACEMCO ITC	71.40 320.70 1,360.95 3,483.00 255.20	2.96 1.14 1.00 0.62 0.41	2,74,15,532 34,10,962 43,99,464 3,14,425 1,08,43,802

Losers
Symbol	LTP	% chng	Volume
AXISBANK ADANIPORTS BANKBARODA TATAMTRDVR SBIN	448.70 284.25 154.10 327.45 251.20	-7.26 -3.76 -3.75 -2.96 -2.79	3,01,87,321 32,76,223 47,86,074 18,87,552 1,53,36,709

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