Mumbai, Jan 4 : The BSE Sensex shed 0.36 percent on Wednesday as corporate results due next week amid rising input costs and high interest rates weighed down on investor confidence, already shaken by concerns of flagging growth figures.
The 30-share benchmark index, ended 56.72 points down at 15,882.64 with 18 of its components closing in the red, led by consumer goods behemoth Hindustan Unilever that dropped 3.1 percent to its its lowest closing level in nearly three weeks.

The broader 50-share National Stock Exchange (NSE) Nifty index ended 0.33 percent or 15.65 points lower at 4,749.65 points on Wednesday.

A string of rate hikes by the central bank since early 2010 to tame inflation, a weak rupee and dull consumer spending are expected to drag down earnings of a number of companies as they announce quarterly results beginning next week.

Meanwhile, the rupee closed higher for the second straight session on Wednesday after a day of narrow-range trading, on dollar sales by some foreign lenders, closing at at 52.95/96 to the dollar, 0.5 percent higher than its previous close of 53.21/22.

(Posted on 04 January 2012, 1685691414 3O231O217O107)