Market close: Sensex at 49,624.76, Nifty at 14,590.35

(G.N.S) Dt. 21 Mumbai The Indian equity market gave up day’s gains to end lower on Thursday. The market witnessed profit-booking after scaling all-time high levels intraday. Broader markets underperformed as Nifty Midcap100 ended 1.22 percent lower and Nifty Smallcap100 fell 0.64 percent. The 30-share pack Sensex dropped 167.36 points