The Indian benchmarks ended the day on a sharply negative note on May 13, 2013. After opening flat, they immediately started drifting downward. The strengthening dollar induced further selling and benchmarks were on a down spree. It was also felt that a portion of global liquidity flows could ease as the Federal Reserve was expected to start tightening its monetary policy. All these led the Sensex to close at the level of 19691.67 i.e. down by 430.65 points and the Nifty to close at the level of 5980.45 i.e. down by 126.80 points. The midcap index and the small cap index closed in red with a loss of nearly one and a half percentage point and one and two-tens of a percentage point respectively. On the sectoral front, all the indices, closed in red. The FMCG Index was the biggest loser with the loss of nearly three and two-tens of a percentage point. This was followed by the Capital Goods Index which closed with the loss of two and six-tens of a percentage point. On the other hand Healthcare Index closed as the smallest loser with a loss of nearly one percentage point.
Further, the market breadth closed negative as two stocks were seen advancing against seven declining stocks.