Indian equity market closed on a negative note, with The BSE SENSEX was down 56.57 points to close at 19748.19, and the Nifty fell 21.30 points to end at 5886.20, but the cut was deeper in broader markets. Disappointing earnings continued to hurt the market sentiment with the asset quality concerns impacting public sector lenders and reduction in discretionary spending pinching FMCG companies. The BSE Midcap and Small cap were seen positive during the morning session but finished down near a percent and 0.82% respectively. On Currency front, Rupee hits 5-week high ahead of govt bond auction. The most actively traded Rupee future closed at 59.07, appreciated five paise today.
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