Markets End In Red On Negative Global Cues

The Indian markets ended the day on a negative note for the second consecutive day. Almost all the sectoral indices closed the day in red with the only exception being the IT index closing the day on a positive note. The main dragger for the day is the Realty index which declined by more than three percentage points, followed by the Consumer Durables, Auto and Healthcare index closing the day declining by more than one percentage points. The Sensex closed the day in red declining 131.95 points or 0.72 percentage points to close at 18,179.64.  Nifty ends the day at 5462.35 declining 42.75 points or 0.78 percentage points. Market breadth was negative with 838 advances against 2,109 declines on BSE. On the global front, European stocks slid, extending a one-month low, as investors awaited reports on U.S. house prices and business investment for signs of the health of the world’s largest economy. Asian shares fell and U.S. futures fluctuated.