The benchmark Sensex recovered most of the losses suffered in early trade, but still closed the day lower by over 60 points. The 30-share Sensex closed down by 66.02 points at 14,498.51. It touched the day’s low of 14,281.10 and a high of 14,547.41 points.
The wide-based National Stock Exchange’s index, the Nifty, also fell by 11.35 points at 4,348.65. The index breached 4,300 points level during the day to hit a low of 4,281.35 and touched the day’s high of 4,365.00 points.
Marketmen attributed the early tosses to investors’ concerns that India Inc’s profits could take a hit as domestic and global economic growth slows.