<div style="page-break-before: always; page-break-after: always;"><p>Even though indices closed in the negative there was no panic, since the broader markets like midcap and smallcap index closed in the green.</p><p>Snapping its four-day rally, the 30-share BSE Sensex fell 346.89 points or 0.55 per cent to settle at 62,622.24. The NSE Nifty declined 99.45 points or 0.53 per cent to end at 18,534.40. In the four-day rally to Tuesday, Sensex advanced by 1,195 points or 2 percent while Nifty rose by 348 points or 2.26 per cent.</p><div style="page-break-before: always; page-break-after: always;"><p>&ldquo;Profit-taking was overdue for sometime and investors offloaded their holdings in metals, realty and energy stocks on the back of weak Asian and European market cues. Traders also decided to keep a low profile ahead of the likely decision on the US debt agreement over raising the debt ceiling, as the outcome would provide some hint to the markets over the nearterm direction,&rdquo; says Says Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities.&mdash;With inputs from PTI.</p>

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