MARKET SUMMARY
Key benchmark ended lower for the second straight day as investors took profits. Market opened higher in early trade due to positive global markets. Thereafter the market came off the higher level after hitting its highest level in the past one year in mid-morning trade. A sell-off was witnessed soon after the industrial production data for in April 2009 hit the market in early afternoon trade. Better-than-expected industrial production data could not improved investor sentiment. Lower opening in the European markets added the negative sentiment. Finally the Sensex ended the day with a loss of 173.53 points, or 1.13% at 15,237.94 and Nifty declined 54.30 points, or 1.17% at 4,583.40.
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