
After a promising start, stocks see-sawed through the day to finally give in to losses. Deteriorating global economic news with Hong Kong and Italy drifting into recession weighed on sentiment. All sectoral indices, barring FMCG, ended in the negative territory. The markets remained volatile on account of alternate bouts of buying and selling activity during the previous two hours of trade. Stocks from the auto, media and steel sectors are leading the pack of losers. Market breadth remained negative with 1582 declines against 937 advances on BSE.
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