After a sluggish day, the market ended on lower note. The
Sensex was down 23.78 points at 26813.42 and the Nifty slipped 4.45 points at
8130.65. The barometer index, the S&P BSE Sensex, and, the
50-unit CNX Nifty, both, hit their lowest level in 4 weeks in mid-afternoon
trade, tracking weak European markets. However, bargain hunting emerged at
lower levels, which helped key indices sharply pare losses in late trade.
The Sensex and the Nifty, both, provisionally ended with
miniscule losses. The market breadth indicating the overall health of the
market was negative. The Sensex was provisionally off 4.36 points or 0.02% to
26,832.84. The CNX Nifty fell 4.45 points or 0.05% at 8,130.65, as per
provisional closing. The index hit a low of 8,056.75 in intraday trade, its
lowest level since 7 May 2015. The index hit a high of 8,160.05 in intraday
trade.
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