Markets ends with choppy session

Indian markets slipped into negative terrain despite a strong opening in European stocks. Investors turned bearish about the economy after the Reserve Bank of India revised India's growth forecast of 7.6% for 2011-12.

The benchmark Sensex ended at 15,738.70, down by 0.47% or 74 points, while the NSE Nifty closed at 4,714, down by 0.42% or 19.85.

On the sectoral front on the Bombay Stock Exchange, all the sectors ended red except Capital Goods, Auto and FMCG.

Capital Goods was up by 1.47%, while Auto ended up by 0.14% and FMCG by 0.01%.

Consumer Durables and Banks were the major losers on the BSE, lost 1.18% and 1.07%, respectively.

On the National Stock Exchange (NSE), the top volume gainers were Siemens, Bhel, Grasim, Wipro and Axis Bank, all gained by 2.35%, 2.26%, 2.04%, 1.92% and 0.97%, respectively.

While the top losers on the NSE were Ranbaxy (4.12%), NTPC (3.24%), RCOM (3.06%), BPCL (2.73%) and IDFC (2.66%).

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