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Markets take a breather as investors gear up for earnings; bank stocks fall
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Mumbai, Jan. 10 -- Breaking its four-day rising spree, benchmark Sensex ended over 100 points lower Thursday, led by selling in banking shares, as investors stayed on the back foot ahead of key results.
Lacklustre global cues and a weakening rupee added to the wariness of participants, traders said.
The 30-share BSE Sensex settled 106.41 points, or 0.29 per cent, down at 36,106.50, while the broader NSE Nifty fell 33.55 points, or 0.31 per cent, to finish at 10,821.60.
The fall was led by banking stocks, with IndusInd Bank, Kotak Bank, Federal Bank, Axis Bank, ICICI Bank, HDFC Bank and SBI declining up to 2.36 per cent .
Other losers included ONGC, Maruti Suzuki, Sun Pharma, HDFC, Hero MotoCorp, ITC and HCL Tech, falling up to 1.31 pe...
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