The market also disappointed with the India's October trade deficit data. Deficit increased to USD 10.56 billion in the month gone by, compared to USD 6.7 billion in September. However, trade deficit fell significantly to USD 10.56 billion in October from USD 20.21 billion in a year ago period.
The Sensex declined 175.19 points or 0.85 percent to close at 20,490.96 while the Nifty closed way below the 6100 level at 6,078.80, down 61.95 points or 1.01 percent from previous close.