Domestic stock markets fell on Thursday amid selling pressure in banking stocks as global equities gave gains despite the US central bank saying it would keep interest rates near zero. The S&P BSE Sensex index lost 280.51 points — or 0.71 percent — to 39,022.34 in the first few minutes of trading, down 182.21 points to close at 39,120.64. The broader NSE Nifty 50 benchmark closed down 84,5 points, or a low of 11,520.50 – or 0.72 percent from its previous close.
The Sensex closed at 323.00 points – or 0.82 percent – at 38,979.85 and the Nifty finally closed at 11,519.25, ending 85.30 points – or 0.74 percent – from its previous close.
MSCI’s 0. index fell 0.82 percent, the largest index of Asia-Pacific shares outside Japan, after the Federal Reserve stopped short offers on US stimulus.