3.47 PM: Closing Bell: Nifty ends below 11,950, Sensex falls 334 pts; PSU banks worst hit

Market Close: Benchmark indices ended lower but off day’s low on the back of buying seen in the last hour of trade helped Nifty to close above 11,900 mark.

At close, the Sensex was down 334.44 points or 0.82% at 40445.15, while Nifty was down 104.20 points or 0.87% at 11914.20. About 863 shares have advanced, 1634 shares declined, and 178 shares are unchanged.

Yes Bank, SBI, Zee Entertainment, IndusInd Bank and GAIL were among major losers on the Nifty, while gainers were Bharti Infratel, Kotak Mahindra Bank, JSW Steel, Tata Steel and Dr Reddys Laboratories.

All sectoral indices ended lower led by the PSU Banks, auto, pharma, energy, infra, metal and IT.

News Source: Moneycontrol

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