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Sensex ends lower; state election outcome weighs

Reuters 

(Reuters) - Indian shares ended lower on Wednesday, as uncertainties around the composition of the next government in the southern state of hurt investor sentiment.

The benchmark BSE Sensex closed down 0.44 percent at 35,387.88. The broader NSE Nifty ended 0.56 percent lower at 10,741.1.

Index for ended 3.05 percent lower, dragged by and Syndicate Ltd, which closed down 12.04 percent and 12.45 percent respectively.

on Tuesday had reported a record quarterly loss of 134.17 billion rupees ($1.98 billion) with analysts worried about the bank's growth prospects, while Syndicate Bank posted a loss of 21.95 billion rupees compared with a profit of 1.04 billion rupees last year.

(Reporting by in Bengaluru, Editing by Sherry Jacob-Phillips)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 16 2018. 15:54 IST
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