A bout of volatility was witnessed as key benchmark indices trimmed gains after hitting fresh intraday high in mid-morning trade to close in the red. As per provisional figures, the BSE Sensex was down 88.33 points or 0.4% to 21,767.89. The index lost 136.09 points at the day's low of 21,720.13 at the onset of the trading session, its lowest level since 7 March 2014. CNX Nifty shut shop at 6493 down by 34 points. Technology giant Infosys slumped after its chairman said revenue could grow at the lower end of guidance for this fiscal year, while Sun Pharmaceutical Industries slumped after a U.S. ban on some of the drug maker's imports.
The market breadth, indicating the overall health of the market, turned negative from positive in late trade, in Nifty50 stocks the advances to declines tied at 25 each.
The market breadth, indicating the overall health of the market, turned negative from positive in late trade, in Nifty50 stocks the advances to declines tied at 25 each.
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