The Sensex dropped 54 points at 15,020 after reaching an up of 15,043 and a down of 14,701. The index hit at 15,953 opposed to the earlier end of 15,074. The Nifty closed down by 14 points to close at 4,457.
The Nikkei ended down by 1.4% in Asia while S&P/ASX closed level at 4,343. The Hang Seng index dropped 3%. Shanghai index dipped by 4.6%.
Stocks traded mixed in Europe. The FTSE was flat. The DAX in Germany was high with 0.3% and the CAC 40 index was high with 0.2%.
Among the BSE sector indices, the Realty index earned 2.1%, followed by the Pharmacy index. The BSE Consumer Durables index was high with 0.3% and the BSE Auto index was high with 0.3%.
Sensex IT index closed with declines followed by Sensex Metal index, which was high with 1.6%.
The Sensex index overrode initial declines and closed up by 0.3% and the Sensex Small-Cap index earned by 0.5%.
Godrej Industries, Jai Corp, Pantaloon Retail, GMDC, Indian Hotels, IDFC and Tata Tea were the gainers on the broader market. Union Bank, Yes Bank, REI Agro, M&M Finance, Max India and Hindustan Zinc were the main losers.
DLF, Sun Pharmacy, JP Associates, Bharti, Tata Motors and HDFC bank were the major earners. HUL, Infosys, Tata Steel, TCS, Hindalco and ONGC were the major losers.