Equity indices failed to hold early gains and ended lower for a sixth straight session on Thursday, pressured by losses in conglomerate Reliance Industries Ltd and automaker Tata Motors Ltd.
The benchmark BSE sensex closed 16.67 points or 0.04% lower at 37,830.98, while the broader NSE Nifty ended 19.15 points or 0.17% lower at 11,252.15.
Heavyweight Reliance Industries extended losses in the last hour of trade to finish 2.2% lower on its worst day in over a month. The stock finished at its lowest closing level since 1st March.
Shares of Tata Motors, the country’s top automaker by revenue, slid 4.6% ahead of its quarterly results. The stock was the biggest percentage loser on the indexes.
Meanwhile, Vedanta Ltd was the top percentage gainer, closing 3.9% higher.
Sensex down by 16.67 pts at 37,830.98, Nifty ended by 19.15 points at 11,252.15
