Benchmarks snap four-session winning streak; Nifty ends below 23,350
Mumbai, Sept. 22 -- The key equity benchmarks snapped a four-session winning streak on Tuesday, with the Nifty closing below the 23,350 mark. Selling in IT, FMCG and PSU bank stocks outweighed gains in metal and realty shares. The market opened higher on positive global cues but came under pressure during the session, while Brent crude falling below $100 a barrel provided some relief.
The S&P BSE Sensex declined 329.91 points or 0.44% to 74,529.08. The Nifty 50 index lost 85.30 points or 0.36% to 23,329. The 50-unit index rose 1.28% in the past four consecutive sessions.
Larsen & Toubro (down 0.98%), Bharti Airtel (down 0.71%) and Reliance Industries (down 0.56%) were major Nifty drags today.
In the broader market, the BSE 150 MidCap I...
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