Markets decline for 3rd day in row on rising geopolitical tensions

As many as 3,018 stocks declined, while 959 advanced & 140 remained unchanged on BSE

- OUR CORRESPONDENT

MUMBAI: Benchmark indices Sensex and Nifty ended lower for the third straight session on Thursday, in line with weak trends in global markets, as geopolitical uncertainties due to the ongoing Iran-Israel conflict unnerved investors.

The US Fed's decision to keep interest rates unchanged and rising global crude prices also dampened market sentiment, experts said.

In a largely volatile trade, the 30-share BSE Sensex declined 82.79 points, or 0.10 per cent, to settle at 81,361.87. During the day, it hit a high of 81,583.94 and a low of 81,191.04, gyrating 392.9 points.

As many as 3,018 stocks declined, while 959 advanced and 140 remained unchanged on the BSE.

The 50-share NSE Nifty dipped 18.80 points or 0.08 per cent to 24,793.25.