Benchmark indices NSE Nifty closed at 9150 levels, down by 52 points or 0.5%, whereas the BSE Sensex closed at 29,461 levels, down by 182 points or 0.6%.
While, BSE Mid-cap Index closed up 0.03% at 14350 whereas and the BSE Small-cap Index closed up 0.1% at 14881.
There were 787 advances, 856 declines and 308 unchanged stocks on NSE, reflecting fairly bearish undertone floating in the market.
IOC was the top Nifty gainer whereas, Hindalco was the top Nifty loser in Thursday’s trading session closing at Rs 422 per share up by 3% and Rs 183 per share down by 5% respectively.
All eyes were on the Infosys stock since the company came up with its financial results for the quarter ended on March 31, 2017.
Infosys reported standalone results for the quarter, registered a miss versus street estimates. Revenue for the quarter came in 13.4 % lower than the estimated figure of Rs. 17235 crores. Also, net profit for the quarter came in 0.2 % lower than the estimated figure of Rs. 3570 crores.
The stock was reeling under pressure throughout the day. The stock closed at Rs 933 per share down by 3.6%.
The BSE Metal index was the top losing index on Thursday’s trading session with Vedanta Limited contributing nearly 70% to the index down fall.
Vedanta Limited closed at Rs 244 per share down by Rs 14 per share or 5.4%.
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