Markets in green, Sensex 116 pts up

Sensex closed 1.35% or 453.41 points lower at 33,149.35 points and Nifty shed 1.3% or 134.75 points to close at 10,226.55 points in their lowest close since 16 November

Sensex closed 1.35% or 453.41 points lower at 33,149.35 points and Nifty shed 1.3% or 134.75 points to close at 10,226.55 points in their lowest close since 16 November

The Sensex recorded a fall of 846.30 points, or 2.51 per cent, during the week.

The 50-share NSE Nifty fell 134.80 points or 1.30 percent to 10,226.50 on the day of expiry of November futures & options contracts.

At the close, the benchmark 30-share index, BSE Sensex lost 453.41 or 1.35% at 33,149.35 with 25 components registering drop.

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Sentiment got a boost after data showed that India's economy expanded by 6.3 per cent in the July-September quarter as manufacturing revved up and business adjusted to the new GST tax regime, reversing a five-quarter slide in GDP growth, brokers said.

Currency dealers said apart from increased month-end demand for the USA currency from importers and a lower opening of the domestic equity markets, dollar's gains against other currencies overseas on upbeat U.S. economic growth data weighed on the rupee.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 12.24 crore on Tuesday, as per provisional data.

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Auto stocks were in keen demand on expectations of encouraging November sales data. Globally, most Asian markets stayed cautious as investors brushed off early worries about North Korea's latest missile test.

Other big losers were Bharti Airtel (2.74 per cent), Sun Pharma (2.59 per cent), SBI (2.47 per cent), Dr Reddy's (2.44 per cent), Tata Steel (2.08 per cent), HUL (1.71 per cent), Infosys (1.69 per cent), Power Grid (1.51 per cent), Coal India (1.43 per cent), RIL (1.38 per cent), Tata Motors (1.36 per cent), HDFC LTD (1.11 per cent) and Hero MotoCorp (0.97 per cent).

Sector-wise, the S&P BSE banking index declined by 548.72 points, followed by auto index by 250.23 points and metal index by 154.35 points. In the euro zone, Frankfurt's DAX rose 0.70 per cent, while Paris CAC rose 0.49 per cent in early deals. Hong Kong's Hang Seng finished 0.35% lower, while Korea fell 0.04%. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent. The BSE mid and small cap indices also lost up to 0.17 per cent.

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