Benchmark share indices ended 1% lower on Thursday, amid a sell-off in late trades, after signs of an interest rate hike by the US Fed rekindled fears of foreign fund outflows from emerging markets while caution was also seen ahead of the exit polls of the Bihar elections, results of which are due on Sunday.
Further, the US Federal Reserve has revived the possibility of a December rate hike citing favourable growth in the US economy thus dampening the sentiments of the market players.