Sensex takes a hit

Last Updated: Thu, Dec 27, 2012 10:09 hrs

The market opened higher, but retreated soon and finished notably lower in the end following a bout of selling pressure in the final hour.

The Sensex ended at 19,338 (provisional) with a loss of around 80 points or 0.41%.

The Nifty closed at 5877.40, down 28.20 points or 0.48%.

Oil, information technology and metal stocks lost notable ground.

FMCG, capital goods and realty stocks too mostly ended weak.

Pharma stocks failed to hold early gains.

Power, automobile and bank stocks found some support, but ended off their highs.

Midcap and smallcap stocks too closed on a weak note.

The market breadth was weak.

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