Key benchmark indices edged lower on the last trading session of the week after the Reserve Bank of India (RBI) governor's strong warning on inflation. Weakness in Asian and European stocks and overnight losses for US stocks also hit sentiment on the domestic bourses adversely. The BSE SENSEX closed at 211334 down by 240 points, CNX Nifty shut shop at 6267, down by 1.24% (-79 points).
The market breadth, indicating the overall health of the market, was weak. In Nifty 50 stocks the advance to declines stands at 8 advances to 42 declines. All eighteen sectoral indices traded on NSE closed in the red with PSU Bank index worst hit (down by 3.35%).
The market breadth, indicating the overall health of the market, was weak. In Nifty 50 stocks the advance to declines stands at 8 advances to 42 declines. All eighteen sectoral indices traded on NSE closed in the red with PSU Bank index worst hit (down by 3.35%).
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