Market closes in the red but off opening lows. IT & Metals drag while FMCG stocks support market.

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Except FMCG, all sectoral indices close in the red.

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IT index falls as stocks slip on US recession concerns

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IRCTC falls as company withdraws data monetisation tender

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City Union Bank fails to recover despite management’s clarification on RBI report

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Info Edge, Mindtree, L&T Info, Coforge, Bandhan, Mphasis, CONCOR top midcap losers

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Escorts Kubota, Colgate, India Cements, IDFC, BHEL gain in a weak trading session

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Market breadth favours declines, advance-decline ratio at 1:2

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