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Market Report

Wednesday, 04-Dec-2013


  • The Sensex lost 146.21 points, or -0.70 per cent, to end the session at 20,708.71 today. 19 constituents of 30-share Sensex fell. On similar lines, the 50-share National Stock Exchange index Nifty declined by 40.90 points, or -0.66 per cent, to 6,160.95 led by stocks of realty, auto and banking shares, as rising crude oil prices renewed fears of inflation, amid investors adopting a cautious stance ahead of state election results.

  • Brokers said domestic stocks fell after a US crude oil benchmark rose to over an five-week high after reports said there was a drop 12.4 million barrels in inventories. WTI crude was trading at USD 97.3 level when Indian market closed. Profit-booking ahead of state polls results and speculation that US may taper its bond buying programme sooner-than-expected also hit market sentiment, they added.

  • Globally, Asian indices closed weak and Europe opened lower anticipating that the upcoming US employment data would give more evidence that growth is back in world's largest economy, said experts.

  • No other expert comments today.

NIFTY 3-Month

(Data/Charts courtesy NSEI/Yahoo!/iCharts/The Economic Times)