Sensex ends 130 points lower, Nifty below 9,150; IT stocks drag

Snapping the three-session long gaining spree, the benchmark indices settled the day lower tracking muted trend seen in Asian markets, while back home losses in Idea Cellular pulled the Nifty index down. 

The S&P BSE Sensex ended at 29,520, down 128 points, while the broader Nifty50 closed at 9,129, down 30 points. 

In the broader market, the BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%, respectively.

The market breadth, indicating the overall health of the market, turned negative from positive. On the BSE, 1,462 shares declined and 1,358 shares rose. A total of 203