Markets end lower as govt sharply lowers FY13 GDP forecast

Keyshare indices have closed the trading session on a lower note as Government disappointed the street by sharply lowering the GDP forecast to 5% vs 6.2% (YoY).
 
The Bombay Stock Exchange’s 30-share Sensex provisionally closed at 19,588 down 52 points. The National Stock Exchange’s 50-share S&P CNX Nifty provisionally closed at 5,941 down 19 points.