Indian equity benchmarks ended lower on Thursday from an all-time high of 61,980.72. Indices were trading in line with global peers including US, European and Asian markets which traded in losses during their previous sessions. Market sentiments couldn’t be uplifted by the Reserve Bank of India (RBI) Governor Shaktikanta Das’ statement that the Indian banking sector has been resilient and improved in various performance parameters, despite challenges. 

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The Sensex fell 230.12 points or 0.37% to 61,750.60. The Nifty fell 65.75 points or 0.36% to 18,343.90. 

The broader indices ended mostly lower with the BSE MidCap index losing 0.33% and the SmallCap index down by 0.27%. 

The top losing sectoral indices on the BSE were Consumer Durables down by 1.65%, Utilities 1.50%, Auto 1.35%, Power 1.34%, and Consumer Discretionary 0.92%. While Capital Goods 1.00%, Telecommunication 0.54%, and Industrials 0.46% were only gaining sectoral indices on BSE.

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Top laggards from the Sensex pack were Titan Company down by 2.21%, Mahindra and Mahindra 1.16%, Maruti Suzuki 1.63%, HDFC Limited 1.39%, Dr Reddy’s Labs 1.31%, Bajaj Finserv 1.25%, HCL Technologies 1.13%, Infosys 0.96%, HDFC Bank 0.92%, and Kotak Bank 0.90%.

Gainers on the Sensex were Larsen & Toubro up by 1.25%, ICICI Bank 0.63%, Bharti Airtel 0.59%, Powergrid 0.55%, Axis Bank 0.39%, Reliance Industries 0.36%, IndusInd Bank 0.15%, and Bajaj Finance 0.01%.

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The rupee falls 37 paise to close at 81.63 against the US dollar on Thursday.

Asian markets settled lower with the KOSPI Composite down by 1.39%, the Nikkei 225 down by 0.35%, Shanghai Composite down by 0.15%, and the Hang Seng down by 1.15%.

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European stock exchanges were trading mixed in mid-session deals. The US equity markets ended with losses on Wednesday.

Brent crude futures, the international oil benchmark fell 0.40% to $92.49 per barrel.

According to stock exchange data, foreign institutional investors sold shares worth a net of Rs  386.06 crore on Thursday.