Stock Market Closing News Live -Sensex, Nifty end lower; IT laggards, SBI & BHEL gain 1%

Stock Market Closing News:

The market ended at lower levels. The Nifty ended tad below 7650, losing 22.80 points at 7649.25. The Sensex was down 76.26 points at 25589.01. About 1330 shares advanced, 1613 shares declined, and 112 shares were unchanged.

 Among the gainers were Tata Steel, Maruti, ONGC, BHEL and SBI.  IT stocks remained under pressure as Cognizant's lower guidance sparked fears. Infosys and TCS fell 1-2 percent each. Other laggards were Hindalco, Sesa Sterlite and Tata Motors.
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