The markets opened on a lower note amidst weak Asian cues as renewed concerns about a slowdown in China and uncertainty over Europe’s economic outlook. Markets continued to trade lower thru out the session and ended the day on negative note. Among the sectoral indices, 12 out of 13 sectors ended lower. Bankex declined (2.18%), followed by Consumer Durables (1.57%), Auto (1.53%), IT (1.18%) and Metal (1.15%). However, the FMCG rose by 0.52%. In the Sensex stocks, Hindalco (3.67%), ICICI Bank (3.25 %), Bajaj Auto (3.16%) were among losers. While, Sun Pharma (1.25%), ITC (0.89%), Bhari Airtel (0.76%) were gainers. The Sensex lost 202 points or 1.03% to close at 19,363 and the Nifty lost 63 points or 1.06% to close at 5,851.

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Total traded turnover stood at Rs 159,894 cr. In equities FIIs were net buyers of (Rs 304 cr) while DIIs were net sellers of (Rs 434 cr). On the derivatives side, FIIs were net sellers in Index Futures (Rs 223 cr). They were net buyers in Index Options (Rs 7 cr), Stock Futures (Rs 42 cr) and Stock Options (Rs 2 cr).

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The US markets ended marginally higher on better than expected Retail Sales data adding to optimism about the economy. The Dow Jones gained 5 points or 0.04% to close at 14,455 while the NASDAQ gained 3 points or 0.09% to close at 3,245.

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Asian markets are trading lower, inspite of a record Wall Street close on the back of strong US retail sales data. Indian indices are also expected to open in the red and focus will now remain on Spanish bond auction scheduled later in the day.

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The Asian markets are trading mixed. Nikkei is trading higher by 0.35% while Hang Seng is trading lower by 0.71%.

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