The Indian market closed in the negative while its peers, the European and Asian markets, traded in the positive. The Sensex closed at 19280, down 352 points while Nifty closed at 5780, down 126 points from the previous close. The BSE Midcap Index closed in the negative (down 2%) after a 5-day winning streak. The BSE Smallcap Index closed in the positive, was up by 0.4%. The market breadth was negative with advances at 542 against declines of 655 on the NSE. The list of losers included Hindalco, Nalco, Tata Power, BHEL (all by 6%), Sterlite Industries, Vijaya Bank and Reliance Capital (all by 5%), Eaasr Oil (9%) and Infosys (3%).

The spotlight is expected to be on Religare Securities tomorrow as it gets listed on the BSE, reports NDTV Profit. The Religare IPO was subscribed 161 times and the issue price was Rs 185 per share. Issue for another brokerage stock, Edelweiss, closes today.