Stock Markets Close Lower On Selling In It Stocks, Fresh Foreign Fund Outflows

Benchmark stock indices Sensex and Nifty settled lower on Thursday following selling in IT and banking shares and investors remaining in a wait-and-watch mode ahead of the outcome of the US-India trade talks

- Press Trust Of India

The 30-share BSE Sensex dropped 375.24 points or 0.45 per cent to settle at 82,259.24. During the day, it fell by 415.21 points or 0.50 per cent to 82,219.27.

The 50-share NSE Nifty closed lower by 100.60 points or 0.40 per cent to 25,111.45.

Fresh foreign fund outflows and subdued quarterly earnings dented investors’ sentiment, experts said.