Buy or sell stocks, Sept. 4 -- The Indian stock market closed lower on Thursday, September 3, as concerns over persistent inflation raised fears that global central banks, including the US Federal Reserve, may resort to higher interest rates to contain price pressures.

The Nifty fell 0.17% to settle at 23,873, while the Sensex declined 0.55% to close at 76,152. With Thursday's losses, both benchmark indices extended their losing streak to four consecutive sessions.

Nifty 50 closed at 23,873.45, down 41.00 points (-0.17%), after opening nearly 83 points higher but failing to sustain the gap-up momentum. The index faced persistent profit booking and slipped to close at the day's low, reflecting continued weakness. RSI at 37.11 versus its ...