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Sensex down 0.77 pct led by Reliance

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MARKETS-INDIAThe Sensex clawed back from mid-day losses on Monday but still closed 103 points lower at 13400, adding to last week’s slide of over 1400 points.

Worries about the global economy and corporate results weighed on investor sentiments throughout trade, which saw the benchmark hitting the day’s low of 13,220.

The fall in the index was led by Reliance Industries, which lost 1.7 percent, and L&T which dropped 2.1 percent. Reliance Infra was the top index loser with a slump of over 6 percent.

The BSE Info Tech index bucked the trend and gained 1.7 percent with stocks such as HCL Tech and Infosys adding 2.8 and 2.4 percent respectively.

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