Markets end in the red in a choppy trade

DOWN: The 30-share benchmark of the Bombay Stock Exchange closed at 14,645.66.

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Mumbai: Indian equity markets closed in the red on Monday for the fourth day running, in an extremely choppy trading session. Weak global markets also dampened the investors' sentiment.

The market started on a downslide and moved between positive and negative zone till afternoon, and eventually ended the day with a cut.

Except IT, all the sectoral indices ended the day in the red.

The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 14,681.14 points, touched a low of 14,600.65 points before closing at 14,645.66 points. It went down by 78.52 points or 0.53 per cent at the day's close.

The National Stock Exchange (NSE) S & P Nifty, which opened at 4,430.70 points, closed at 4,393.05 points. It went down by 37.65 points or 0.85 per cent.

The BSE Midcap index, which closed at 5,781.80 points, went down by 41.62 points or 0.72 per cent.

The BSE Smallcap index, which closed at 7,036.61 points, went down by 73.83 points or 1.04 per cent.

The market breadth was negative. On the BSE, 930 shares advanced, 1,668 declined and 78 maintained status quo.

Top gainers of the day included HDFC at Rs.2,288.35 up 3.12 per cent, HDFC bank Ltd at Rs.1,175.20 up 2.14 per cent and Satyam Computer at Rs.411.90 up 1.75 per cent.

Top losers of the day included Hindalco at Rs.135.80 down 4.53 per cent, Grasim Industries at Rs.2,056.40 down 4.52 per cent, and Reliance Communications at Rs.423.90 down 2.71 per cent.