The S&P BSE Sensex ended a volatile session on flat-to-negative note as global markets remained under pressure on concerns of global economic growth. Outflows of dollars from emerging markets including India also added to the woes.
The International Monetary Fund has cut global growth forecast and that for emerging market economies as a whole. The IMF expects global economy to grow by 3.8 per cent next year, lower than its July forecast of 4 per cent.
The 30-share index ended at 26,246.79, down 25.18 points or 0.10 per cent. It touched a high of 26,338.31 and a low of 26,150.09 in trade today.
The Nifty closed at 7,842.70, down 9.70 points or 0.12 per cent. It touched a high of 7,869.90 and a low of 7,815.75 in trade today.
The S&P BSE Midcap Index was slipped 0.23 per cent and the S&P BSE Smallcap Index gained 0.06 per cent.
The S&P BSE Capital goods Index gained 1.61 per cent, the S&P BSE Auto Index was 0.58 per cent higher and S&P BSE Bankex advanced 1.09 per cent.
The S&P BSE IT Index fell 3.44 per cent and the S&P BSE Healthcare Index was down 3.27 per cent.
Infosys (4.70 per cent), Dr Reddy's Laboratories (4.37 per cent), Sun Pharma (4.31 per cent), Wipro (4.03 per cent) and Cipla (2.51 per cent) were among the top losers.
Tata Steel (up 3.52 per cent), L&T (up 2.32 per cent), ONGC (up 2.30 per cent), NTPC (up 2.24 per cent) and BHEL (up 2.10 per cent) were among the Sensex gainers.
The market breadth was negative on the BSE with 1343 gainers against 1562 losers.
Source : economictimes
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