Indian markets were witnessing a rangebound session with negative bias ahead of May series expiry. Weak global cues also hurt sentiments. Realty, technology and capital goods stocks led the decline while pharmaceutical space was modestly in the green.
Global markets have been under pressure amid concerns over a slowing US economy, uncertainty about life after QE2 and the eurozone debt troubles.
Asian markets were witnessing a subdued session. Nikkei 225 was down 0.38 per cent, Hang Seng slipped 0.55 per cent higher and Seoul Composite moved 0.68 per cent lower.
Global markets have been under pressure amid concerns over a slowing US economy, uncertainty about life after QE2 and the eurozone debt troubles.
Asian markets were witnessing a subdued session. Nikkei 225 was down 0.38 per cent, Hang Seng slipped 0.55 per cent higher and Seoul Composite moved 0.68 per cent lower.
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