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Nifty 50 saw the longest losing streak of 10 days in 29 years.
Indian equities ended lower, with Nifty falling nearly 0.17% to 22,080.80 and Sensex closing 0.13% lower at 72,989.93. Nifty 50 saw the longest losing streak of 10 days in 29 years.
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Shares of Infosys Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Bajaj Auto Ltd. and HCL Technologies Ltd. were top Nifty losers.
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State Bank of India, HDFC Bank Ltd., Tata Consultancy Services, ICICI Bank Ltd. and Bharat Electronics Ltd. shares cushioned the fall.
Photo Credit: Vijay Sartape/ NDTV Profit
Four sectoral indices fell, led by Nifty Auto, while Nifty Media was the biggest gainer.
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Broader indices were trading higher. Nifty Midcap 150 rose 0.16% and Nifty Smallcap 250 was trading 1.15% higher.
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The market breadth was skewed in the favour of buyers, as 2,216 stocks declined, 1,741 advanced and 129 remained unchanged on the BSE.
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The rupee strengthened by 9 paise to close at 87.27 against the US Dollar.
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