Indian markets witnessed a sharp fall after the government released negative IIP numbers. The fall was registered due to slow performance of the sectors like manufacturing, mining and capital goods. India's manufacturing sector which contributes 76% of the total industrial production shrank by 6% in October.
Among Sectoral Indices on the BSE, all the sectors except IT ended in negative terrain. IT closed positive with 54.33 points or 0.95%. Metal, Bankex, oil & gas were among top losers.
On the National Stock Exchange (NSE), the top volume gainers were Wipro, TCS, HCLTech and Infy posted gains between 1.02%-2.54%.
The major losers on the NSE were Tata Power (7.04%), Hindalco (4.89%), Siemens (6.32%), Sail (6.02%) and JP Associates (5.68%).