Markets closed down today with benchmark Sensex losing over 145 points on global concerns that world's largest economy US may slip into recession.

 
A day after gaining over 122 points yesterday, the BSE barometer fell by 145.34 points at 13,547.18, reflecting the uncertainties looming large over global financial markets.

 
Similarly, the wide-based National Stock Exchange index Nifty also fell by 50.70 points at 4110.55.

 
Marketmen said foreign investors are keeping their fingers crossed as the proposed fate of 700 billion-dollar package to rescue financial sectors is hanging in balance.

 
Blue-chip stocks fell after US President George W Bush said America would face a "long and painful" recession unless a financial bailout is agreed in the Senate.

 
Market breadth is weak with 1,878 shares declining and another 1,049 shares advancing. Nearly 251 shares were unchanged.