Market closes lower; BPCL, IOC slip


Indian stock market indices, Sensex, Nifty closed lower Thursday pulled by selling in banks, metals, and energy on the monthly futures & options (F&O) expiry day.

The BSE Sensex ended 335-pts lower at 37,736-mark while the NSE Nifty lost 100.70-pts to settle at 11,102.15 level.

Selling was broad-based as the Nifty Midcap & Nifty smallcap indices also closed 0.75-pc and 1.06-pc lower, respectively.

Losses in index heavyweights such as BPCL, IndusInd Bank, IOC, HDFC, Axis Bank, among others dragged Nifty to end near day’s low, while major gainers were Dr.Reddy, Sun Pharma, Wipro and Vedanta.

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