(Reuters) - Indian shares snapped three sessions of gains to end lower on Tuesday, after the outcome of the central bank’s meet failed to assuage investors, as they expected implementation of the proposed measures to take time.
The broader NSE Nifty ended 1 percent lower at 10,656.20, while the benchmark BSE Sensex closed down 0.84 percent at 35,474.51.
Yes Bank Ltd and Hindalco Industries Ltd were the biggest losers on the NSE index, with shares ending 6.2 percent and 5.3 percent lower, respectively.
IT stocks Wipro Ltd and Tech Mahindra Ltd closed more than 3 percent lower each, hurt by strengthening of the rupee against the dollar.
Reporting by Krishna V Kurup in Bengaluru; Editing by Rashmi Aich