Markets Ends on a Negative Note on Global Cues

The Indian markets closed the day on a negative note after witnessing buying interest in previous day’s session. Almost all the sectoral indices closed the day on a negative note with the exceptions being the Consumer Durable index managing to close the day on a positive note. The Oil & Gas, Metal and Banking indices were the main draggers for today’s session closing the day with a loss of more than one percentage points. . The Sensex closed the day in red decli9ning 143.45 points or 0.81 percentage points to close at 17,447.15. Nifty ends the day at 5241.10 declining 47.95 points or 0.91 percentage points. Market breadth was negative with 1,341 advances against 1,549 declines on BSE. On the global front, European stocks resumed their retreat, sending the Stoxx Europe 600 Index lower for the sixth time in seven days, as CRH Plc led a selloff in construction companies. Asian shares and U.S. index futures declined.