Domestic stock markets ended Thursday in the red, posting their second consecutive loss. The S&P BSE Sensex closed at 60,353.27, down 300 points or 0.50 percent, while the broader market Nifty50 closed at 17,992.15, down 50 points or 0.28 percent, or down XX percent. . The banking indicator fell more than 350 points, or 0.81 percent, to close at 42,608.70.

Nifty recaptured an important support level of 17,925 after falling to an intraday low of 17,892.60.

In the 50-stock Nifty50, the top gainers were Cipla, Bajaj Auto, ITC, Hindustan Unilever and JSW Steel, while the top losers were Bajaj Finance, Bajaj Finserv, ICICI Bank, Titan and Infosy.

Banking and financial sector stocks were the furthest behind in trading on the day with ICICI Bank, Bajaj Finance, HDFC Bank and Axis Bank leading the decline. Among TI stocks, Infosys also acted as a killjoy. Meanwhile, ITC and Hindustan Unilever were among the stocks that gave benchmarks stability.

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Of Nifty’s 15 sector indices, six closed lower with Nifty Financial Services (-1.24%), Nifty Bank (-0.86%) and Nifty IT (-0.54%). The best were Nifty FMCG (+1.56%), Nifty Auto (+1.14%) and Nifty Oil & Gas (+1.69%).

India VIX, a measure of volatility in Nifty, was down 1.41 percent at 14.98.

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There was stock-specific action in broader markets with the Nifty Mid Cap 100 and Nifty Small Cap 100 ending in the green.

In the first case, 63 stocks advanced, 36 fell back while 1 remained unchanged. The main gainers were ABB India, MRF and BHEL, while the main losers were L&T Technology Services, Trent and Poonawalla Fincorp.

In the 100-stock Nifty Small Cap Index, 45 advanced. The top gainers were Apollo Tyre, RBL Bank, Amber Enterprises India, while the top losers were IRB Infrastructure, Radico Khaitan and Sobha.

The rupee rose 31 paise to close at 82.51 (provisional) against the US dollar, PTI reported.