Nifty slips below 6,700 mark

Mumbai: The benchmark Nifty surrendered all its early gains and closed below the key 6,700 mark in a highly volatile session at the National Stock Exchange (NSE), amid selling and caution ahead of US Fed meet outcome.

Financial, infra, healthcare and technology stocks remained under intense selling, while mid and small-cap stocks were battered due to rich valuations. FMCG and auto scrips, however, managed to withstand the sell-off along with some others related to earnings news.