Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.
Sensex closed at 83,313.93 points, down 503.76 points, or 0.60 per cent, while Nifty closed at 25,642.80 points, down 133.20 points or 0.52 per cent, respectively.
The broader markets posted strong losses as Nifty Midcap 100 index lost 0.28 per cent, while the NSE Smallcap 100 shed 1.29 per cent.
Most of the sectoral indices traded in red, with Nifty PSU bank being the only gainer up 0.38 per cent. Metals were the largest loser down 1.02 per cent. Nifty IT and auto lost over 0.50 per cent.
(With agency inputs)
