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Sensex, Nifty snap four day winning streak to end in the red

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BSE Sensex closed 106.41 points at 36,106.50 on Thursday and the Nifty 50 ended 33.55 points higher at 10,821.60 losing a four-day winning streak on global cues and ahead of domestic earnings season.

The share markets were pulled down by oil and banking and financial services companies as investors were cautious as December-quarter earnings season.

ALSO READ: GST Council doubles tax exemption limit for small businesses: Arun Jaitley

The BSE midcap and smallcap indices bucked the trend and rose 0.5% and 0.2%, respectively.

ALSO READ: China, India could push US economy to third spot by 2030

US oil and Brent crude oil prices fell by 1% on rising US supply. Both benchmarks rose by around 5 percent the previous day.

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