The markets moved up and down on alternate days and ended weaker. They gained on Monday and Thursday and lost on Tuesday and Friday. Wednesday was a holiday on account of Dusshera. Markets seem to have tired and are now waiting for a big reason to rally. In the absence of any such trigger they are likely to continue drifting with a negative bias. The BSE SENSEX lost 56.97 points or 0.30 per cent to close at 18,625.34 points. The NSE NIFTY lost 19.95 points or 0.35 per cent to close at 5,664.30 points. The broader indices like the BSE100, BSE200 and BSE500 lost more at 0.55 per cent, 0.63 per cent and 0.63 per cent respectively. BSE MIDCAP lost 1.03 per cent while BSE SMALLCAP lost 1.16 per cent.

Fall from grace: New York, UNITED STATES: Former head of global consulting firm McKinsey & Co. and former director at Goldman Sachs Group, Rajat Gupta (C) leaves federal court with his lawyer Gary Naftalis after his sentencing for passing secrets he learned, while serving on the board of directors of Goldman Sachs. Pic/AFPu00a0