The stock markets were hovering around their all-time highs, but started their south-ward journey towards the end of the day. Stock markets witnessed across the board selling and ended the day with small losses. Due to profit warnings issued by a British mortgage lender, the market players were again worried about credit issues, but this time in the UK. Turnover on Bombay stock exchange was above Rs 6000 crore. Almost all the European indices were down in opening trade.

The BSE 30-share Sensex opened with a gap of nearly 100 points and rallied further. Towards the end of the day, the index closed 6.03 points down at 15,608.41. The markets saw levels of 15,824.65 after the Sensex gained 210.21 points. 19 stocks in Sensex were down while 11 ended their day higher.

CNX Nifty was down by 11 points and closed at 4517.

The market opened on back of smart rally in US markets overnight. The Asian markets were also strong today.
Inflation figures were down to 3.5% for the week ended 1 September. The figures for earlier week stood at 3.79%.