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Markets ended a volatile trading session on a negative note on back of selling pressure witnessed in automobile and IT indices amid looming fear that the US Federal Reserve may soon scale-back stimulus after world’s biggest economy showed signs of growth recovery.
On a provisional basis, the 30-share Sensex closed 84.63 points lower at 18,648.41 while 50-share Nifty declined 23.15 points to end at 5,519.10.
Among the key sectoral indices, BSE-IT, Auto, FMCG led drop while Metals and Power indices gained on the BSE.
