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Indian stock market closes lower for fifth day in a row

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Mumbai:  Market benchmark indices ended up to 0.9 per cent lower on Thursday, May 30.

The market ended in loss for the fifth consecutive day.

The S&P BSE Sensex saw worsening selling pressure in the second half, leading to the index settling 617 points, or 0.83 per cent, lower at  73,886 levels.

The Nifty50, on the other hand, ended below the 22,500-mark at 22,489, down 216 points or 0.95 per cent.

Tata Steel, Tech M, Titan Company, Power Grid, Bajaj Finserv, Bajaj Finance, Wipro, Nestle, JSW Steel, TCS, Infosys, M&M, Tata Motors, ITC, Sun Pharma, HCL Tech, NTPC, and Ultratech Cement dropped in the range of 1.5 per cent to 5.75 per cent.

Meanwhile, in the broader markets, the BSE MidCap, and SmallCap indices fell over 1 per cent each.

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