The recovery in select index heavyweights and pull-back in some European indices led the Indian equity benchmarks to escape deeper losses. The main indices closed marginally lower, snapping a three-day winning streak after the Rupee tumbled to a new record low versus the US dollar. The fall came amid weakness in Asian and European markets following sharp losses in the US markets overnight. The Sensex closed at the level of 16972.51 i.e., down by 60.05 points and the Nifty closed at the level of 5146.05 i.e., down by 18.95 points. This led the midcap and the small-cap counters to close flat. On the sectoral front, except for Realty, Auto and Power indices, all the other indices closed in red. Metal index closed as the major loser with losses of nearly one and a half percentage point. Further, the market breadth too closed flat. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118
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