(Reuters) - Indian shares wiped out early gains to edge lower on Wednesday, snapping their longest winning streak in over three years, dragged by private lenders such as HDFC Bank Ltd and Axis Bank Ltd.
The broader Nifty ended 0.21 percent lower at 10,526.20, snapping its longest winning streak since late January 2015.
The benchmark Sensex snapped its longest winning run since early September 2014, closing 0.18 percent lower at 34,331.68.
Index heavyweight HDFC Bank ended 0.8 percent lower, while Axis Bank ended 2.6 percent lower, dropping for a fourth straight session.
(Reporting by Vishal Sridhar in Bengaluru; Editing by Sunil Nair)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app