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Sensex ends lower after volatile session

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INDIA-BUDGETThe Sensex remained volatile in trade and ended 77 points lower at 14,346 on fears that below normal monsoon rains can hurt the economy.

Reliance Industries, which has an over 14 percent weight in the benchmark, led the fall, slipping over 2 percent to 1,959 rupees. ITC, ONGC and BHEL were the other contributors.

The sectoral picture too looked bleak, with only realty, banking and capital goods indices managing to end in the green. The auto and oil & gas indices were the worst performers registering a decline of 2.1 percent each.

Shares in Unitech, one of India’s top listed realty firms, ended 5.2 percent higher at 82.05 rupees. It was also the top traded stock on the BSE. The firm announced its full-year numbers today.

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