Markets give up intra-day gains; fall for 3rd day

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Equity benchmark indices pared their intra-day gains and ended lower on Thursday, pulled down by index majors ITC and State Bank of India after their fourth quarter earnings failed to cheer investors...

After trading in the green for most part of the day, the 30-share BSE Sensex declined 128.90 points or 0.21% to settle at 61,431.74..

Shares of ITC fell 2% even as the company reported a 22.66% rise in consolidated net profit at 5,225.02 crore in the fourth quarter ended March 2023...

SBI declined 1.77% despite the countrys largest bank reporting an 83% jump in net profit at 16,694.51 crore for the fourth quarter of 2022-23 fiscal on higher interest income and low provisioning...

Falling for the second straight session on Wednesday, the 30-share BSE benchmark declined 371.83 points or 0.60% to end at 61,560.64..

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