Mumbai, Dec 18 || Indian stock markets ended Thursday’s trading session on a muted note as gains in information technology stocks were offset by losses in auto, metal and pharmaceutical shares.
The Sensex witnessed sharp swings during the day, moving in a range of 542 points. It touched an intra-day low of 84,238 before rising to a high of 84,780.
However, the momentum faded in the latter half of the session and the index closed 78 points lower at 84,482.
With this, the Sensex ended in the red for the fourth consecutive session and has lost about 785 points over the last four trading days.
The Nifty also slipped from its day’s high of 25,902 and ended marginally lower, closing down by just 3 points at 24,815.55.
“The trend continues to remain weak, with the 25,700 level appearing vulnerable to a breakdown,” analysts said.