Market Highlights: Sensex slips 89 points, Nifty ends at 17,223 as banks and financials drag

Share/Stock Market Highlights: The frontline equity indices on the BSE and National Stock Exchange (NSE) fell for the second consecutive session and ended marginally lower on Thursday weighed by banking and financial stocks.

The S&P BSE Sensex fell 89.14 points (0.15 per cent) to settle at 57,595.68 while the Nifty 50 declined 22.90 points (0.13 per cent) to end at 17,222.75. Both the indices had opened over 0.6 per cent lower but later turned rangebound as the session progressed.

On the Sensex pack, Kotak Mahindra Bank was the top loser on Thursday slipping over 3 per cent. It was followed by Titan Company, HDFC Bank, ICICI Bank, Housing Development Finance Coporation (HDFC), Mahindra & Mahindra (M&M) and Maruti Suzuki India. On the other hand, Dr. Reddy’s Laboratories, Ultratech Cement, Tech Mahindra, Reliance Industries (RIL), Tata Steel and NTPC.

(with inputs from agencies)

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