Provisional: Sensex ends down 202 pts, financials weigh

Markets ended lower because of profit taking as crude oil prices rebound

Markets ended lower because of profit taking as crude oil prices which had eased yesterday following the landmark Iran deal staged a recovery nullifying the benefits of a lower import bill. As India imports most of its crude oil requirement, a lower import bill will help the country to trim its current account deficit and also contain inflation.

The 30-share Sensex ended down 203 points at 20,402 and the 50-share Nifty ended down 60 points at 6,055.