Stocks snap 8-session rise ahead of GDP data

After opening a shade higher, the 30-share Sensex slipped into the red, but regained its composure and settled lower by 105.85 points, or 0.31 per cent, at 33,618.59

The benchmark BSE Sensex ended its eight-session gaining streak on Tuesday as investors turned cautious ahead of the release of the September quarter GDP (gross domestic product) data. The caution was partly because of the upcoming expiry of the derivatives contracts slated as on Thursday. National output numbers are also due the same day.

Counters such as consumer durables, pharma, oil & gas and PSU stocks took the blows as investors pulled money off the table.

After opening a shade higher, the 30-share Sensex slipped into the red, but regained its composure and settled lower by 105.85 points, or 0.31