In the midst of conflicting cues from the Asian markets, Indian equities indexes fell for the second straight session on Thursday during late deals.
The broader NSE Nifty dropped 19 points or 0.12% to conclude at 15,780, while the 30-share BSE Sensex slipped 8 points or 0.02 percent lower to close at 53,019 today. The Nifty Midcap 100 fell 0.82%, and small-cap shares down 0.46%, as mid- and small-cap equities concluded on a shaky note.
The NSE's 11 sector indicators settled in the red. The NSE platform underperformed the sub-indices Nifty Auto, Nifty IT, and Nifty Metal, which saw declines of 1.26 percent, 1.05 percent, and 1.99 percent, respectively. Nifty Bank and Nifty Financial Services, however, demonstrated strength by increasing by 0.47 and 0.46 percent, respectively.
The largest Nifty loser was Eicher Motors, whose stock fell 3.55 percent to Rs. 2,784.05. Laggards included Cipla, BPCL, JSW Steel, and Shree Cement.
Tech Mahindra, Bajaj Finance, Bajaj Finserv, Tata Steel, IndusInd Bank, HCL Tech, M&M, Nestle India, UltraTech Cement, Wipro, TCS, and Maruti were some of the major losers on the 30-share BSE index. 1,377 shares gained and 1,899 declined on the BSE, resulting in a negative market breadth overall.