Market at Close: Benchmark indices had a negative trading session through the day after opening on a positive note.
The 30-share Sensex was down 130.87 points at 29575.74, while the Nifty was down 16.85 points at 9181.45. The market breadth was in the positive zone, but was narrow as 1,764 shares advanced against a decline of 1,163 shares, while 128 shares were unchanged.
Axis Bank, Tata Motors, IOC and BPCL were top gainers, while Infosys, Wipro and Indiabulls Housing Finance were top losers.
Liquor stocks were under pressure after the Madhya Pradesh Chief Minister said that liquor stocks will be closed in a phased manner.
Madhya Pradesh is headed towards total prohibition with Chief Minister Shivraj Singh Chouhan announcing that all liquor shops would be closed across the state in a phased manner.