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Sensex ends lower in cautious trade

Sensex ends lower in cautious trade
Highlights

Erasing early gains, the Sensex ended lower by 22 points at 36,35123 in rangebound trade today amid lowerthanexpected results

Sensex ended lower by 22 points at 36,351.23 in range-bound trade amid lower-than-expected results.

Mumbai: Erasing early gains, the Sensex ended lower by 22 points at 36,351.23 in range-bound trade today amid lower-than-expected results.

Investors were not in a mood to make fresh bets ahead of the voting on the no-confidence motion against the NDA government tabled in the Lok Sabha, brokers said. A depreciating rupee, which again breached the 69-mark against the dollar in intra-day trade, too weighed on sentiment, they added.

The Sensex opened higher and advanced to hit a high of 36,515.58, but soon turned lower and slipped to 36,279.33. It finally settled at 36,351.23, down 22.21 points, or 0.06 per cent. The 50-share NSE Nifty too ended 23.35 points, or 0.21 per cent lower at 10,957.10.

Intra-day, it shuttled between 11,006.50 and 10,935.45, Meanwhile, domestic institutional investors (DIIs) bought shares worth a net of Rs 111.01 crore, while foreign portfolio investors (FPIs) bought shares worth Rs 95.68 crore yesterday, provisional data released by stock exchanges showed.

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