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Sensex ends lower, cement stocks drag
October 6, 2016 / 7:16 AM / a year ago

Sensex ends lower, cement stocks drag

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai January 6, 2015. REUTERS/Shailesh Andrade/Files

REUTERS - Indian shares closed lower on Thursday as investors booked profits in cement stocks after a stellar rally this week and amid caution ahead of the U.S. payrolls data, which is expected to give a better idea about the Federal Reserve’s likely policy stance.

Sensex ended 0.41 percent lower at 28,106.21, while Nifty closed 0.39 percent down at 8,709.55.

Among the cement stocks, UltraTech Cement fell 1.8 percent after rising about 4 percent over the last three trading sessions, while ACC Ltd closed 0.5 percent lower after a gain of 3 percent in the last four sessions.

Reporting by Aastha Agnihotri in Bengaluru; Editing by Gopakumar Warrier

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