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Sensex loses 54 points

MUMBAI: The Bombay Stock Exchange ran out of steam after a 102-point initial rally and closed 54.06 points lower as investors turned cautious ahead of the UPA-Left meeting on the Indo-U.S. nuclear deal.

The market, however, continued to be resilient due to the strong growth in economy, which analysts feel, will not be affected by political instability caused by the deal.

Rising to an intra-day high of 15698.98 at the outset, the BSE 30-share Sensex later moved downward to close at 15542.77 against Monday’s close of 15596.83. — PTI

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