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Markets end lower. Metals drag.

Markets ended lower on Wednesday with selling pressure seen in banks, metals and index heavyweights Reliance Industries and Infosys. The Sensex ended down 135.74 points or 0.79%, to close at 17,121.62. The Nifty ended below the 5200 level, which lost 48.40 points to 5,194.75.

State Bank of India fell 2.4%. ICICI Bank and Axis Bank were down over 2%. Kotak Mahindra Bank tanked 3.4%. PNB and HDFC Bank fell over 1%.

ONGC tumbled 2.75% while Reliance Industries was down by over 0.6%. BHEL slipped 1% while Larsen & Toubro gained 0.4%. Among metals, Sterlite Industries and Hindalco tanked 2-2.75% while Tata Steel shot up 2%. SAIL was down by over 3%.


 

 

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