MUMBAI: Benchmarks Sensex and Nifty fell over 1% on Thursday after two straight days of gains as investors remained on the sidelines ahead of the Federal Reserve interest rate decision and foreign fund outflows continued unabated.
The BSE Sensex fell 836.34 points, or 1.04%, to close at 79,541.79 points. On the same day, the index fell 958.79 points, or 1.19%, to 79,419.34 points.
The NSE Nifty index fell 284.70 points, or 1.16%, to close at 24,199.35 points.
Among the 30 stocks on Sensex, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers.
State Bank of India emerged as the only winner.
Foreign institutional investors (FIIs) sold shares worth Rs 4,445.59 crore on Wednesday, according to exchange data.
In Asian markets, Seoul, Shanghai and Hong Kong ended higher, while Tokyo ended lower.
European markets are trading actively. Wall Street closed sharply higher on Wednesday.
Republican leader Donald Trump was re-elected in the US presidential election, defeating Democratic rival Kamala Harris in one of the most dramatic reversals in US electoral history, after being ousted Four years after emerging from the political wilderness, he has re-emerged.
Global oil benchmark Brent crude fell 0.33% to $74.67 a barrel.
On Wednesday, the Bombay Stock Exchange benchmark rose 901.50 points, or 1.13%, to close at 80,378.13 points. Nifty surged 270.75 points, or 1.12%, to 24,484.05 points.
