BSE Realty index plummeted by almost 4%.
Shares of Information technology companies extended losses for third day in a row
BSE Realty index surged by almost 2%.
SBI was the top Sensex gainer, up nearly 2%.
BSE Metal and IT indices plummeted by almost 2%
BSE Capital Goods and Auto indices surged by almost 2%.
Tata Motors was the top Sensex gainer, up nearly 5%.
Infy, L&T key movers while auto stocks dropped
Benchmark share indices ended lower on Thursday, amid a volatile trading session, on profit taking in software shares on concerns that the appreciating rupee would hurt margins going forward. Index heavyweight Reliance Industries also witnessed profit taking after public interest litigation was filed in the Supreme Court on Wednesday stating that the consent mechanism by market regulator Sebi favoured the company.
Benchmark share indices ended lower on Wednesday, amid weak global cues, as investors booked profits ahead of the September derivative contracts expiry.
BHEL was the top Sensex loser, down over 4%.
BSE FMCG and PSU indices gained by almost 1 per cent each.
Benchmark share indices ended lower on Wednesday weighed down by selling pressure in bank shares on concerns of rising non performing assets in wake of the economic slowdown. Selling in metal and capital goods shares also dampened market sentiment.
Markets recovered from the day lows to end higher on Thursday, following the expiry of August derivative contracts, led by financial and FMCG shares.
Markets have opened on a flat note tracking subdued global cues. The Sensex opened at 17,607, down 26 points and the 50-share Nifty has shed 7 points to open at 5,327 levels.
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