Sensex closed down on Wednesday, reversing early gains, as investors turned cautious and booked profits after a recent rally that pushed up the benchmark index to its highest close in nearly seven months in the previous session. The 30-share BSE index closed down 1.54%, or 283.36 points, at 18,145.25, with 24 of its components in the red.Realty, consumer durables, metals, banking, power, PSU and capital goods faced sell-offs. The country’s largest lender SBI was the top loser from the Sensex pack, falling 7.91% on reports that the bank has committed to provide loan of around R 1,200 crore to the debt laden Kingfisher Airlines.
Source: Financial Express
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