Benchmark indices erased early gains to close lower on Wednesday on selling in oil & gas, banking and IT stocks amid weak trends in European markets. Sensex declined 372.46 points to close at 53,514.15, extending its losing streak to a third day. Nifty declined 91.65 points to end below the 16,000 level at 15,966.
Benchmark indices ended higher on Thursday amid positive global cues. Sensex rose 427 points to 54,178 and Nifty ended 143 points higher at 16,132. Titan, Tata Steel, L&T, IndusInd Bank and M&M were the top Sensex gainers, rising up to 5.69 per cent. Dr Reddy's, Nestle India, Bharti Airtel and Reliance Industries were the top Sensex losers, falling up to 1.26 per cent.