Sensex near 2-mth low, drops 162 pts

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Agencies: Mumbai, Nov 16 2012, 17:18 IST
per cent, Banking Regulation Amendment Bill and Direct Taxes Code.

The National Stock Exchange index Nifty traded below crucial 5,600 mark level by falling 56.95 points, or 1.01 per cent to 5,574.05.

"Markets ended the week on a negative note. For the week, the benchmarks were down by about 2 per cent on concerns over the so-called US 'fiscal cliff', worries over India's fiscal deficit and weak macro data...," said Dipen Shah, Head of PCG Research, Kotak Securities.

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