Sensex slips in cautious trade ahead of F&O, GDP data

TIL Desk/Business/Mumbai/ Benchmark Sensex ended marginally lower at 33,603 today as investors remained on the sidelines ahead of the second quarter GDP data and expiry of November derivatives contracts. Sentiment took a hit after North Korea test fired an intercontinental ballistic missile, ratcheting up tensions with the US.

Extending its falling trend for the second session, the 30-share index, after moving between 33,728.81 and 33,553.12, finally settled 15.83 points, or 0.05 per cent, lower at 33,602.76 as several bluechips retreated.The barometer had lost 105.85 points in yesterday’s trade after eight straight sessions of gains.

The broader NSE Nifty too slipped 8.95 points or 0.09 per cent to end at 10,361.30 after shuttling between 10,392.95 and 10,345.90.”Indian stocks retracted to a risk off mode ahead of the GDP data release scheduled tomorrow. Global cues were also mixed with US tax overhaul optimism drowned by pessimism over renewed threats from North Korea.