New Delhi, Aug. 12 -- Indian stock markets on Wednesday ended lower for second consecutive session after the selling pressure intensified in Tata Group stocks. Stocks came in pressure after N Chandrasekaran announced not to seek re-appointment as the Chairman.
At close, the Sensex was down 187.90 points, or 0.24%, at 77,966.35, while the Nifty fell 35.75 points, or 0.15%, to 24,435.95.Nifty Midcap 100 spiked 0.3%, while the Nifty Smallcap 100 ended marginally lower.
In terms of sectors, Nifty PSU Bank rose 2.05%, Nifty Media was up by 1.05%, while Nifty Bank advanced 0.77% and Nifty Metal added 0.54%. Further, Nifty IT fell 1.54%, and Nifty FMCG slipped 0.73%.
On Nifty, the key gainers were Hindalco, Bharti Airtel, SBI, Jio Financial, Ul...