The benchmark indices of the markets edged lower on Thursday, dragged by IT and Auto sector stocks.

At closing, the BSE Sensex stood at 37,104-level, down 166-pts and the NSE Nifty was at 10982, down 52-pts. Get best stock future tips from our experts

Yes Bank, Tata Motors, Axis Bank, Maruti Suzuki, and JSW Steel were majors losers on the Nifty-50, while Indiabulls-Housing Finance, Ultratech, Hindalco Industries, ICICI Bank and Sun Pharmaceuticals led the gains.

Among sectors, Nifty Bank index closed 0.05% higher at 27789-mark led by ICICI Bank and Bank of Baroda.

The Nifty IT index ended 0.68% lower to closed at 15594.76 pulled by OFSS and Wipro. Click on the link for free stock tips