In anticipation of US inflation data and fear of further hike from Central banks, the domestic benchmark indices closed lower on Thursday led by banking, financial and IT stocks.
The 30-share pack Sensex fell 390 points to reach 57,235, while its broader peer Nifty slipped 109 points to close at 17014.
Wipro was the largest loser in the 30-share pack Sensex, falling 7.03 per cent to Rs 379.1 after weak Q2 results. Among the other losers were SBI, L&T, ICICI Bank, Asian Paints and Bajaj Finance, declined 1 to 2 per cent.
However, HCL Tech, Sun Pharma, Dr Reddy’s Labs and Reliance ended with gains.
Among the sectors, Nifty PSU Bank index was the top loser, declining 1.58 per cent.
Nifty Financial Services, FMCG, Realty, PVT Bank and Consumer Durables indexes also ended with cuts. Nifty Midcap50 and Smallcap50 fell 0.93 per cent and 0.59 per cent respectively.
