Market rally stalls after 5 days amid declines in Asian indices

The BSE Sensex snapped its five-session winning run to close 144 points lower on Thursday as investors pocketed gains in bank and IT counters after the recent rally.

A weakening rupee and lacklustre global markets further weighed on sentiment, traders said.

The 30-share BSE Sensex opened lower and stayed in the negative territory throughout the session to end at 45,959.88, down 143.62 points or 0.31 per cent.

The broader NSE Nifty ended its seven-day record-setting spree to close 50.80 points or 0.38 per cent lower at 13,478.30.

UltraTech Cement was the top loser among the Sensex constituents, tumbling 3.27 per cent, in line with