News > Sensex, Nifty slide for 4th day; IT, banking shares drop

Sensex, Nifty slide for 4th day; IT, banking shares drop

Benchmark indices Sensex and Nifty gave up early gains to close lower for a fourth straight session on Thursday due to selling in IT and banking shares amid weak global equities.

The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77. The broader NSE Nifty also pared initial gains and ended 28 points or 0.18 per cent down to settle at 15,938.65. Among the Sensex constituents, Axis Bank declined the most by 1.74 per cent.