BSE Sensex, Nifty Struggle; Banking Stocks Weigh

BSE Sensex and Nifty edged lower in afternoon trade with banks leading the decline. However, losses were capped due to gains in bluechips such as Infosys, TCS and ONGC. Despite European Central Bank yesterday stunning markets by cutting interest rates and embarking on a trillion-euro asset-buying binge, global markets are muted today on jitters ahead of the U.S. payrolls report due later today. MSCI's broadest index of Asia-P...