Triggered by weak global cues, the Indian market opened in red and kept losing ground till they touched the bottom for the day.The Sensex fell to a low of 15596 while Nifty registered day’s low at 4673. However, later at noon, with an ease in weekly inflation data, the bourses recovered from the lower levels. The positive opening on the European stocks also supported the markets to recover in the green. The Sensex finally ended down by around 45 points, at 15836, with half of its components in the red. On the other hand, Nifty closed at 4746 with a loss of around 17 points. Sectorally, Capital Goods, Consumer Durables and Auto led the declines with over one percent losses while FMCG and Power led the gains. Market breadth was weak as two stocks advanced for every six declines.
(Source- bseindia.com)
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