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Indian Markets End Lower for Fourth Straight Session

Indian Markets End Lower for Fourth Straight Session
Markets pare early gains to settle in red · thehansindia.com

Indian stock markets finished lower on Thursday for the fourth day in a row.

The Sensex and Nifty are two important measures of how many Indian shares are performing.

Both indexes started the day higher but lost those gains near the end.

Investors were worried because crude oil prices were rising.

Technology company shares also performed poorly.

Uncertainty about events around the world made investors more cautious.

Smaller companies generally did better than the biggest companies.

Realty shares rose the most among the listed sectors.

PC Jewellers shares increased after the company said it had paid off more bank debt.

Key facts

Sensex close
76,152.86, down 417.49 points or 0.55%
Nifty close
23,873.45, down 41 points or 0.17%
Sensex intraday high
76,924.48, reached after an early gain of 354.13 points
Market breadth
2,545 BSE stocks advanced, 1,778 declined and 223 were unchanged
Best-performing sector
BSE Realty index, up 2.39%
Weakest sector
BSE Focused IT index, down 1.01%
PC Jewellers
Shares rose 3.54% after the company said it cleared outstanding debt to one more bank

Sources

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