Markets snap 4-day rising streak; Sensex falls nearly 150 points, Nifty drops below 11,900

NEW DELHI: Markets tracking losses in information technology, banking and energy stocks ended the four-session gains on Thursday amid global speculation.

The BSE Sensex was down 148.82 points, or 0.37 per cent, at 40,558.49. Similarly, the NSE Nifty ended 41.20 points, or 0.35 per cent lower, at 11,896.45.

IndesInd Bank, ICICI Bank, Infosys, Titan, HDFC Bank, Nestle India, Maruti, Tech Mahindra, Sun Pharma, RIL, Asia Paint and Bajaj Auto topped the Sensex with 3.10 per cent.

On the other hand, NTPC, Bharti Airtel, Bajaj Finance, Axis Bank, Tata Steel, ONGC, LT, HUL, Power Grid, ITC and M&M were among the top gainers, up 3.10 per cent.

The BSE IT, Bangex, Healthcare, Finance, Energy and Tech indices fell 0.70 per cent, while the telecom, electricity, utilities, capital goods and industrial indices rose 2.53 per cent. The broader BSE midcap and smallcap indices rose 0.85 percent.

Meanwhile, the rupee ended 4 paise at 73.54 against the US dollar.

In the previous session, the Sensex was up 162.94 points, or 0.40 per cent, at 40,707.31, while the broader NSE Nifty was up 40.85 points, or 0.34 per cent, at 11,937.65.

Foreign institutional investors bought shares worth Rs 2,108.48 crore on a net basis on Wednesday, according to transaction data.

International crude Brent crude rose 0.22 percent to $ 41.82 a barrel.

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