Markets ended lower on caution ahead of US jobs data, due for release later on Friday, could raise the prospects of a rate hike by the US Federal Reserve.

The S&P BSE Sensex ended down 45 points at 28,061 and the Nifty50 closed 12 points lower at 8,698. In the broader markets, the BSE Midcap and Smallcap indices ended flat. Market breadth ended neutral with 1386 gainers and 1388 losers on the BSE.

Foreign institutional investors were net buyers in equities worth Rs 354 crore on Thursday, as per provisional stock exchange data.

IT exporters TCS, Wipro and Infosys ended down over 0.5% each ahead of September US jobs data.

Continue Reading →