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Sensex closes down by 63 points

A fag-end buying support helped the Bombay Stock Exchange benchmark Sensex recover most of its hefty losses but still closed down by over 60 points amid heightened concerns over economic growth which shrunk to 5.3 per cent in October-December of this fiscal.

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A fag-end buying support helped the Bombay Stock Exchange benchmark Sensex recover most of its hefty losses but still closed down by over 60 points amid heightened concerns over economic growth which shrunk to 5.3 per cent in October-December of this fiscal.

The Sensex, which at one point had tumbled by 227 points during the day, bounced back and reduced losses before ending lower by 63.25 points at 8,891.61.

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