Sensex, Nifty end lower on deficit concerns

The 30-share Sensex, after touching the day’s high of 34,023.65, succumbed to profit-booking and settled lower by 63.78 points, or 0.19%, at 33,848.03.

Stocks ended lower in a volatile trade on Thursday amid expiry of December derivatives contracts and on fears that the government going for additional borrowing could upset fiscal deficit calculations.

Bombay Stock Exchange in Mumbai. (PTI)

The 30-share Sensex, after touching the day’s high of 34,023.65, succumbed to profit-booking and settled lower by 63.78 points, or 0.19%, at 33,848.03. The gauge had lost 99 in the previous session.

The 50-share NSE Nifty also ended down 12.85 points, or 0.12%, at 10,477.90. Intra-day, it shuttled between 10,534.55 and 10,460.45.

Squaring-up of positions by participants following the end of December series contracts in the derivatives segment and a mixed trend at other global markets after an oil rally weighed on sentiment, traders said.