Indian equity market closed in red with Nifty ended at 7842.00, lower by almost 10 points and Sensex finished down by 25 points at 26246.00. On BSE, midcap ended lower by 0.23% while Small cap closed in green with a nominal gain of 0.06% at the time of market close. On sectoral front Oil and Gas performed the best to increase 1.69% while on the flipside, IT was the worst performer to ease as much as 3.44%. The market breadth stands negative with 1347 shares were seen increasing against 1561 declining shares.
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