Market ends in red amid volatility post new credit policy

CRR hike is largely a liquidity management tool than used for signalling any interest rate changes. The policy has largely managed the status quo, say experts.

RPL, Sterlite Ind, BHEL and Bharti Airtel were trading strong. However, trading weak were PNB, M&M, TCS and Maruti Suzuki.

Sensex was down 194.16 points or 0.97% at 19783.51, and the Nifty down 37.15 points or 0.63% at 5868.75.

About 1217 shares have advanced, 1760 shares declined, and 81 shares are unchanged.

The BSE Midcap Index ended at 8,048.07 down 0.4%.

The BSE Smallcap Index ended at 9,644.44 down 0.6%.