Stock markets decline on fag-end selling; financial stocks drag

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MUMBAI: Benchmark stock indices Sensex and Nifty pared intra-day gains to close lower on Thursday due to last-hour selling in financial and metal shares.

The 30-share BSE Sensex dropped by 170.22 points or 0.20 per cent to settle at 83,239.47. During the day, it jumped 440.4 points or 0.52 per cent to 83,850.09.

The 50-share NSE Nifty declined by 48.10 points or 0.19 per cent to 25,405.30.

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