Finally, BSE Sensex closed at 20,708 down 146 points, while NSE Nifty closed at 6168 down 33 points over the previous close.
The Indian equity market extended their losing streak to the second consecutive trading session amid selling pressure at 6200 levels. Traders and investors remained cautious ahead of the exit poll results which would be announced later in the day and the outcome of the actual poll results will come on Sunday, Dec 8.
The HSBC Services Purchasing Managers' Index (PMI), may have nudged moderately higher on MoM basis, however, the index registered its fifth successive monthly contraction. The Service PMI inched up to 47.2 in November from 47.1 in October. n index value of below 50 indicates contraction.
Today’s decline was led by the realty, FMCG, auto and the capital goods stocks. The midcap and the smallcap stocks which were seen outperforming the benchmark indices for the past few trading sessions also witnessed some profit booking.
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