Mumbai, April 4: Markets ended lower on Thursday with 30-share sensitive index, Sensex shedding nearly 1.55 percent, or 291.94 points, to 18,509.70, posting its biggest daily percentage fall since February 26, and lowest close since November 23, 2012.
The 50-share Nifty and the benchmark BSE Sensex broke below their the 200-day moving average, a key technical support.
The 50-share Nifty was down 1.73 percent, or 98.15 points, to 5,574.75, posting its biggest daily fall since February 28.
Domestic investor sentiments weighed on markets coupled with reports of basket selling by exchange traded funds (ETFs).
Technology shares fell, with Infosys ending 3 percent lower, while Tata Consultancy Services Ltd declined 2.3 per cent.
Bank shares also fell. ICICI Bank Ltd declined 2.2 per cent, HDFC Bank fell 1.2 per cent and State Bank of India ended 1.8 percent lower.
