After witnessing a stellar rally through the week, the market took a breather and ended the April series on a negative note, with the Nifty snapping 9350-mark. Likely profit booking due to the rally could have dragged the indices. The Sensex dropped 103.61 points at 30029.74, while the Nifty felled 9.70 points at 9342. The broader markets outperformed benchmarks, with the While, BSE Mid-cap Index closed up 0.07% at 14772 whereas, BSE Small-cap Index closed down 0.02% at 15279.
Global markets remained weak as lack of clarity over US president's corporate tax proposals influenced investors to book some profits. At the time of writing this article, France's CAC, Germany's DAX and Britain's FTSE were down 0.3-0.6 percent ahead of ECB meeting later today.
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