Nifty IT index ends 0.37% lower. Top loser: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) TATA ELXSI 1395.30 1417.60 -22.30 -1.57 INFOSYS 1409.10 1424.70 -15.60 -1.09 INFIBEAM AVENUES 232.40 234.75 -2.35 -1.00 HCL TECHNOLOGIES 1032.75 1040.75 -8.00 -0.77 TECH MAHINDRA 733.65 736.10 -2.45 -0.33
The S&P BSE Sensex ended at 38,723, down 174 points while the broader Nifty50 index settled at 11,692, down 47 points.
Among sectoral indices, the Nifty IT index ended 0.37 per cent lower weighed by a fall in Infosys and Tata Elxsi. The Nifty Bank index, too, slipped 0.16 per cent due to fall in IndusInd Bank and Yes Bank.
In individual stocks, oil-to-telecom giant Reliance Industries (RIL) settled 1.8 per cent lower at Rs 1,294 level on the BSE.
Japan's Nikkei put on 0.2 per cent but shied away from stubborn resistance around 23,000, a level where it has failed repeatedly in recent months.
(with wire inputs)