Meanwhile, Global rating agency Moody's today said

pursuing policies to boost private investments and curbing inflation can help India trim its Current Account Deficit (CAD), which touched a record high of 5.3 per cent in September quarter. In Sensex, 16 scrips declined while 13 counters ended higher. Cipla ruled steady. Major losers were Dr Reddy's Lab (3.55 pc), Bajaj Auto (1.41 pc), Tata Steel (1.21 pc), Reliance Industries (1.20 pc), Infosys (0.99 pc) and Jindal Steel (0.96 pc). However, Tata Motors firmed up by 2.48 per cent, followed by Tata Power (1.79 pc), Bharti Airtel (1.23 pc), Sterlite Industries (1.22 pc), Gail India (0.99 pc) and Sun Pharma (0.94 pc). Among the sectoral indices, the BSE-Oil&Gas fell by 0.83 per cent, followed by the BSE-IT (0.58 pc), the BSE-Healthcare (0.30 pc) and the BSE-Teck (0.27 pc). However, the BSE-Auto moved up by 0.43 per cent, the Bankex by 0.21 per cent and the FMCG by 0.11 per cent. The market breadth continued to show negative trend as 1,234 scrips ended lower, while 896 stocks finished higher and 834 ruled steady. The total turnover dropped to Rs 1,825.03 crore from Rs 2,165.93 crore yesterday. Foreign institutional investors bought shares worth net Rs 321.26 crore yesterday, as per provisional data from the stock exchanges.