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The domestic stock indices Sensex and Nifty snapped a four-day winning streak on Wednesday to post their biggest fall in two weeks.
BJP leader L.K. Advani hinting at early elections in 2013 might have led to the negative mood in the market that was in the red since start of trade today.
The 30-share barometer lost 239 points or 1.26 per cent, at 18,801. Similarly, the wide-based National Stock Exchange index Nifty lost 75 points or 1.31 per cent at 5,673.
Of the 30 Sensex stocks, only Sun Pharma (+1.54%), NTPC (0.94%) and Tata Power (0.73%) were in the positive zone at close of session.
Among the sectoral indices, only Health Care and Power finished in the red. Realty, Capital Goods, Auto and Metal was down over 2 per cent.
The index had gained nearly 360 points in the previous four sessions.
Meanwhile in Asia, Hong Kong’s Hang Seng index was down by 0.10 per cent, while Japan’s Nikkei was up by 2.99 per cent. The US Dow Jones Industrial Average ended 0.61 per cent higher yesterday.
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