Stocks ended in the negative zone on Thursday, weighed by ITC and Infosys amid a fall in the global markets. Heavy selling momentum picked up on the capital goods, auto stocks, and consumer durables also weighed on the indices.
Continued capital outflows by foreign funds and weaker quarterly numbers by InterGlobe Aviation (down 10.57%), and some other companies also added to the sentiments.
The BSE Sensex traded lower by 73.28 points to 35,103.14, whreas the NSE Nifty-50 fell 38.40 points to close at 10,679.65. BSE MidCap declined 1.16% and SmallCap fell 0.84% each.
Sixteen out of 19 sectoral indices compiled by the BSE ended lower with realty, capital goods, IT, teck and industrials losing over 1 percent.
IT, FMCG stocks, L&T and Reliance Industries Limited pushed the market lower, but buying in HDFC, ICICI Bank and metal stocks capped losses.
The stock of MRF Limited declined 3.39% at Rs 77,045 on BSE on Thursday after the company announced its fourth-quarter results.
Sun Pharma, NTPC, Tata Steel, Axis Bank and ICICI Bank were top gainers, on the other hand Wipro, Kotak Bank, Asian Paints, L&T, Hindustan Unilever and Coal India were the top losers.
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