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Sensex ends in red, down by 56.15 pts

Posted on Nov 08, 10:41PM | UNI

The 30 scrip Index of the Bombay Stock Exchange (BSE) slipped today by 56.15 points to settle at 18,846.25 on profit booking at higher levels from local operators amid weak trend in Asian Markets.

The Nifty of National Stock Exchange (NSE) fell by 21.35 points to 5738.75.

The sensex remained negative throughout the day today. it opened weak by 122 points to 18,779.74.

During the day, it lost by 165.96 points at the day's low of 18,736.45, before closing at 18,846.25 points, easing by 56.15 points.

The Nifty of National Stock Exchange (NSE) registered the day's high and low at 5744.50 and 5693.95 points respectively.

Key benchmark indices edged lower in choppy trade, with investors worried about US and European fiscal health.

Index heavyweight Reliance Industries (RIL) cut intraday losses in late trade.

Sun Pharmaceutical Industries dropped after reporting a sharp fall in net profit in Q2 September 2012.

Ranbaxy Laboratories dropped after announcing Q3 September 2012 resuls. Capital goods pivotals saw divergent trend.

Heavyweight stocks including Capial Goods, Power, Oil and Gas, Banking, IT and Metal erased the gains of last six sessions.

However, Realty, Auto, FMCG and Technology advanced which capped it from further loss, brokers said.

Mahindra and Mahindra fell after declaring Q2 consolidated result.

The market breadth was negative. On BSE, 1,502 shares declined and 1,403 shares advanced. A total of 133 shares were unchanged.

From the 30-share Sensex pack, 21 stocks declined while the rest of them rose.