- Sensex, Nifty dragged down by IT and FMCG stocks
- Sensex ended down 73 points at 35,103, Nifty declined 38 points to 10,679
- Caution prevailed in global markets ahead of China-US tariff talks
"Sentiment has been on the lower side because of uncertainty with respect to trade talks... There's also stock-specific reaction, and IT stocks are volatile," said Anand James, chief market strategist, Geojit Financial Services.
Shares of InterGlobe Aviation, the operator of IndiGo carrier, slumped 10 per cent after it posted a 73 percent plunge in profit on Wednesday.
Biocon Ltd's shares lost 5 per cent after its Bangalore sterile drug product facility got seven observations from US FDA and six from an European regulator.
Among the top Nifty50 gainers were Sun Pharma, Bharti Infratel, Tata Steel, NTPC and Axis Bank, up between 2 per cent and 3.6 per cent.
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