The markets lost significantly after the release of disappointing IIP data but recovered in the last one hour of trade to close with moderate losses. Interest rate sensitive sectors like banking and realty were the worst performers in today's trade, consumer durables being the only sector to close in the green. The Sensex closed at 18268, down 116 points from its previous close, and Nifty shut shop at 5486, down 35 points. The CNX Midcap index was down 0.3% while the BSE Smallcap index lost 0.5% in today's trade. The market breadth was negative with advances at 439 against declines of 840 on the NSE. The top Nifty gainers were Hindalco, Cairn, ONGC and Ranbaxy and the biggest losers included Grasim, DLF, Reliance Capital and L & T.
Source : Rediff
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