The market is on a downward spiral since last Monday on sustained foreign fund outflows and weaker-than-expected earnings by some blue-chips.
    
Falling for the sixth straight day, the broad-based NSE Nifty today went below the crucial 8,000-mark to touch a low of 7,995.60 before settling 15 points down at 8,050.80.
     
The 30-share BSE barometer Sensex shuttled between 26,378.26 and 26,824.30 during the day and finally ended lower by 97.68 points, or 0.37 percent, at 26,559.15. This is the lowest closing since October 1.
     
With a slump of up to 4.85 percent, Bajaj Auto was the big loser among Sensex and Nifty stocks today after the company today reported an 8.59 percent slump in total sales in October.
     
Others that lagged included Hindalco, Tata Steel, Vedanta Ltd, HDFC Ltd, Sun Pharma, Cipla and L&T.
     
The country's largest carmaker, Maruti Suzuki, was a bright spot as it climbed 1.05 per cent after the company posted a 29.1 percent growth in total sales in October.
    
Shares of M&M, Coal India, RIL, ICICI Bank and Tata Motors too ended in the positive zone.
    
Sectorwise, the BSE metal index tanked the most, down 1.27 percent, followed by capital goods, healthcare and power. In broader markets, the small-cap index shed 0.20 percent while mid-cap managed to close 0.08 per cent higher.
    
Meanwhile, foreign investors sold shares worth Rs 1,464.89 crore last Friday, as per provisional data.

 

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