Epic Update : Sensex slips 151 pts on Fed tapering

The market gave up some of previous day’s gains on Thursday on fears that Fed tapering, which will begin in January, may impact inflow of overseas money. However, it rallied 158 points in opening trade to surpass the 21,000-mark on the Sensex following strong upmove in global peers, but immediately that rally washed out.

The Sensex slipped 151.24 points to close at 20,708.62, and the Nifty lost 50.50 points to 6,166.65.

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