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Mkts decline sharply led by decline in RIL which ended down 4 pct. Kotak Bank top index gainer. Nifty Metal index down 3.5 pct, Nifty Auto down 3 pct. Key News- Reports say GST collection recorded in Oct likely to touch Rs 1 trillion. Jindal Steel develops new grade of rails, gets approval of Indian railways. Jet Airways says Co to re-start intl service within 6 mths of starting operations. IndusInd Bank closes 1 pct higher on report of merger with Kotak.
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