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Sensex sheds gains

MUMBAI: A harsh statement by CPI(M)against the Indo-U.S. nuclear deal on Friday cast a shadow on an otherwise bullish stock market with the Bombay Stock Exchange benchmark Sensex closing 26 points lower at the weekend trading session.

Foreign institutional investors (FIIs) and local funds were reportedly sustained buyers during a major part of the day.

The BSE 30-share index shed early gains and closed at 15590.42, a net loss of 25.89 points against Thursday’s close of 15616.31.

Similarly, the broad-based S&P CNX Nifty of the National Stock Exchange eased by 9.10 points to 4509.50. — PTI

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