Markets End on a Negative Note

The Indian markets witnessed sell off in the last hour of trade after witnessing lacklustre trade throughout the session to end deep in red. IT index witnessed the major sell off as the index closed the day in red declining more than two percentage points. The Realty, Metal and Teck indices were the next to follow declining more than one percentage points during the trading session. The Sensex closed the day in red declining 185.76 points or 0.92 percentage points to close at 19,983.13. Nifty ends the day at 6027.30 declining 48.65 points or 0.80 percentage points. Market breadth was negative with 1,479 advances against 1,486 declines on BSE. On the global front, European stocks fluctuated as a decline in technology shares following a weaker-than-estimated profit forecast from Apple Inc. offset gains by banks. Asian equities were little changed and U.S. index futures fell.