Sensex snaps two-day rally on selling in technology stocks

Equity benchmark BSE Sensex declined in volatile trade on Thursday, reversing the two-session rally, mainly due to selling in technology stocks.

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However, heavy buying in energy, metal and auto counters capped the losses, traders said.

After swinging between gains and losses, the 30-share BSE Sensex declined 64.66 points or 0.10% to close at 66,408.39 points, with 14 of its constituents settling lower and 16 advancing. The index opened higher and touched a high of 66,577.60 points in early trade but later fell to a low of 66,342.53 points.

The broader Nifty of NSE also declined 17.35 points or 0.09% to close below the 19,800 level at 19,794 points. It moved within a range of 19,772.65-19,843.30 points during the session.