Hit by profit-booking in ICICI, HDFC Bank and Reliance shares, the BSE benchmark Sensex, on Thursday, fell by 110 points to close at two-week low of 19894.98 amid cautious trading on monthly expiry of derivative products.

Mixed global cues with a downward bias after the U.S. Commerce Department surprised market by declaring contraction in the U.S. economy for the fourth quarter also weighed on the domestic market sentiment, said brokers. The NSE 50-issue Nifty also declined by 21 points to close at 6034.75.

Rupee rallies

Rising for the third straight session, the rupee, on Thursday, ended at a three-and-a-half-month high of 53.22, up eight paise against the dollar on sustained foreign fund inflows amid sharp recovery in euro. — PTI