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Sensex snaps four-day rally; financials down

Reuters 

- Indian snapped four straight sessions of gains to close lower on Thursday, with lenders such as leading the decline amid growing worries about the impact of on economic growth.

The broader ended down 0.38 percent at 8,192.90, while the benchmark closed 0.35 percent lower at 26,559.92.

Data on Thursday showed Indian factory activity decelerated sharply last month as led to a rationing of cash and cooled domestic consumption, new orders and production.

(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sunil Nair)

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

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Sensex snaps four-day rally; financials down

REUTERS - Indian shares snapped four straight sessions of gains to close lower on Thursday, with lenders such as ICICI Bank leading the decline amid growing worries about the impact of demonetisation on economic growth.

- Indian snapped four straight sessions of gains to close lower on Thursday, with lenders such as leading the decline amid growing worries about the impact of on economic growth.

The broader ended down 0.38 percent at 8,192.90, while the benchmark closed 0.35 percent lower at 26,559.92.

Data on Thursday showed Indian factory activity decelerated sharply last month as led to a rationing of cash and cooled domestic consumption, new orders and production.

(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sunil Nair)

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

image
Business Standard
177 22

Sensex snaps four-day rally; financials down

- Indian snapped four straight sessions of gains to close lower on Thursday, with lenders such as leading the decline amid growing worries about the impact of on economic growth.

The broader ended down 0.38 percent at 8,192.90, while the benchmark closed 0.35 percent lower at 26,559.92.

Data on Thursday showed Indian factory activity decelerated sharply last month as led to a rationing of cash and cooled domestic consumption, new orders and production.

(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sunil Nair)

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

image
Business Standard
177 22