Provisional: Market ends down post volatile session

The 30-share BSE Sensex closed at 20812 down 83 points after touching a high of 21142.85.

SI Reporter Mumbai
Last Updated : Nov 07 2013 | 3:37 PM IST
It was a volatile session for markets today which saw key benchmark indices moving in a broad range. Even the broader markets which survived the last two days of profit booking were seen coming  selling pressure. Markets erased its earlier gains after rating agency Standard & Poor's on Thursday said it may cut India's sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country's low economic growth.

At 02:25 pm, the 30-share BSE Sensex was closed at 20812 down 83 points after touching a high of 21142.85 while the broader 50-share Nifty index closed at 6,182  levels down 30 points; the index touched a high of 6,289.

Top Sensex gainers were Tata Steel, Infosys, TCS, Hindalco and Bajaj Auto while BHEL, SBI, ICICI Bank, Tata Power and Tata Motors were the top laggards.

Among sectors, IT, Metals were the only major gainers. Realty, consumer durables, banks, power, psu, capital goods, oil & gas and auto were the major losers.

At 3:39PM, The partially convertible rupee recovered to 62.54-a-dollar after hitting an intraday low of 62.73.

The overall breath remained weak as 1117 stocks advanced against a decline seen in 1415 stocks.
 
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First Published: Nov 07 2013 | 3:33 PM IST

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