Markets end lower

The market edged lower led by fall in index heavyweights Reliance Industries and ICICI Bank. Select IT stocks weakened. Tata Steel soared.Investors were also cautious ahead of the discussion on the Indo-US nuclear deal, which will take place in the Rajya Sabha today (4 December 2007) where the Left is expected to sharpen its attack on the issue.

The 30-share BSE Sensex provisionally ended down 75.94 points or 0.39% to 19,527.47.
The broader based S&P CNX Nifty provisionally ended down 3.45 points or 0.06% to 5861.55.

Reliance Industries fell 2.46% to Rs 2860.20. The stock came off session's high of Rs 2960.India’s largest private sector bank by assets ICICI Bank fell 1.92% to Rs 1142.90.India’s second largest software exporter by sales Infosys Technologies gained 0.96% to Rs 1616.

The world's sixth-largest steel maker Tata Steel soared 4.15% to Rs 874.60 after the chief of its Corus unit said the firm was planning to lift prices next year.

Mahindra & Mahindra gained 2.58% to Rs 770.25, Bharat Heavy Electricals rose 2.13% to Rs 2820, Larsen & Toubro gained 1.30% to Rs 4230, and Ambuja Cements rose 0.95% to Rs 153.50.

TCS fell 2.20% to Rs 1028.95, Satyam Computers fell 1.16% to Rs 442.80, ONGC fell 1.11% to Rs 1158.60, Ranbaxy Laboratories declined 1.35% to Rs 368.95 and Bharti Airtel declined 0.90% to Rs 916.10.