Provisional: Markets end lower as Fed begins tapering
On fears that FIIs would curtail their investments in emerging markets following the Fed's tapering plan
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Benchmark shares indices ended lower amid fears that foreign institutional investor would reduce their allocations to emerging markets including India thereby hurting incremental inflows after the US Federal Reserve Bank announced gradual reduction in its bond-buying program.
The 30-share Sensex ended down 151 points at 20,709 and the 50-share Nifty ended down 47 points at 6,170.
The 30-share Sensex ended down 151 points at 20,709 and the 50-share Nifty ended down 47 points at 6,170.
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First Published: Dec 19 2013 | 3:31 PM IST
