Indices fall for second straight session as investors stay in risk-off mode

Depreciating rupee and weak Q2 results from blue-chips further sap risk appetite

The equity benchmarks nursed losses for the second straight session on Thursday as investors offloaded banking, finance, and infra stocks amid expiry of monthly derivative contracts and lacklustre global cues.

A depreciating rupee and weak Q2 results from blue-chips further sapped risk appetite, traders said.

The Sensex ended 172.61 points, or 0.43 per cent lower, at 39,749.85 in choppy trade.

On similar lines, the broader Nifty fell 58.80 points, or 0.50 per cent, to 11,670.8.

L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after it posted a 45 per cent decline in consolidated net profit for the September quarter.

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