Intense volatility was seen in late trade as the key benchmark indices weakened again soon after staging a strong intraday rebound in mid-afternoon trade. The BSE Sensex, hit its lowest level in nearly a week closed down by 136 points (provisionally). The CNX Nifty hit one-week low to close at 6046 down by 43 points. The market breadth, indicating the overall health of the market alternately swung between positive and negative zone during the last one hour or so of trade.
At closing, the market breadth, indicating the overall health of the market, was negative. The advance to decline in Nifty 50 stocks stood at 18 advances to 32 declines. In NSE, CNXIT is the worst performing sector (down by 3.54%) followed by CNX Auto, PSU Banks and CNX Services whereas Media & FMCG outperformed the broader markets.
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