The BSE Sensex closed 274.71 points down at 35,199.80, on Wednesday, while the Nifty 50 ended 56.15 points lower at 10,600.05. The benchmark indices ended in the red for the second straight session tracking losses in the Asian markets.
ALSO READ: How the Twitter CEO stirred the ‘caste’ nest in India; a participant speaks out
Shares of IT companies declined, with Infosys and TCS falling over 3%, on the strengthening rupee in the past six sessions.
Gold prices fell for the third consecutive day and were down Rs 50, tracking a weak global trend amid weak demand from local jewellers. The precious metal has lost Rs 150 in the past two days.
Click here for Latest News updates and viral videos on our AI-powered smart news genie