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Sensex Ends 199 Points Lower As Markets Extend Losses To Fourth Day: Highlights

Market updates: Losses in financial and metal stocks pulled the markets lower
Market updates: Losses in financial and metal stocks pulled the markets lower

Domestic stock markets fell in volatile trade on Thursday with benchmark indices extending losses to the fourth session in a row, amid weakness in Asian peers. The S&P BSE Sensex index fell as much as 347.85 to hit 37,957.56 on the downside during the session, before trimming some of those losses by the end of the session. The broader NSE Nifty benchmark moved to as low as 11,257.35, down 102.55 points from the previous close. Losses in financial and metal stocks pulled the markets lower however gains in energy shares arrested the fall. Analysts awaited the outcome of the Reserve Bank of India's fourth bi-monthly policy meeting due on Friday. Many economists expect the central bank to deliver at least one more rate cut this year, after lowering the key interest rates by a total 1.1 percentage point in four consecutive bi-monthly reviews. 

Here are highlights of the movement in domestic share markets (Sensex and Nifty) today: