Mumbai: The market ended on a negative note. The Sensex ended down 50.57 points at 21143.01, and the Nifty closed 22.70 points lower at 6291.10. About 1362 shares advanced, 1138 shares declined, and 148 shares were unchanged.
The Indian markets dip into the red after a positive opening. The Sensex is down 64.81 points at 21128.77, and the Nifty is down 25.35 points at 6288.45.
About 1271 shares have advanced, 1131 shares declined, and 146 shares are unchanged. BHEL, Coal India, HDFC, Tata Motors and Reliance are top gainers in the Sensex.
Among the major losers are Infosys, Bajaj Auto, M&M, Cipla and L&T. Asian markets end mostly positive, China ends with minor losses.
The euro is slipping. The US 10 year yield above 3 percent. Gold is testing the 1200-mark and WTI crude is above 100 dollars a barrel.
Rupee weakens against the dollar due to month-end dollar purchases by state-owned banks on behalf of their oil importer clients, and on weakness in local share indices.
Commodity market regulator FMC has given more time till January 17 to Mumbai-based chartered accountants Chokshi and Chokshi for completing the forensic audit of the crisis-hit National Spot Exchange Ltd's (NSEL) e-series contracts.
Chokshi and Chokshi, which was given December-end deadline to complete the audit of e-series contracts at NSEL, had sought extension to finish the work.
"Based on your request, it is decided by the Commission to grant extension of time up to January 17, 2014 to complete the work of forensic audit of e-series contracts at NSEL," Forward Markets Commission (FMC) said in a letter to the audit firm.
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