Markets closed in a negative zone on Thursday. The NSE Nifty50 index closed lower by26 points at 12,174.65 and the BSE Sensex declined by 106 points to 41,459.79.
Stocks in Yes Bank, Dr Reddys, Zeel, State bank of India and Infosys posted strong gains while IndusInd Bank, NTPC, ICICI Bank and Tata Steel were among the top key under-performers.
The Nifty IT index closed 0..82 percent highs led by a strong rally in stocks such as TCS, Infosys and Tech Mahindra. Get the latest stock tips options and the buy Stock tips for tomorrow from here.
Majority of sectors traded negative, but the biggest laggards were Private banks, with their index -Nifty Pvt Bank- closing down 1.36-pc.
Among results, Ashok Leyland reported a net profit slip 93.29-pc to Rs.26.79-cr in the Q3FY20 versus Rs399.20-cr during the previous quarter year ago. The share price today closed flat at Rs.81.50-apiece.