After meandering through gains and losses through Thursday's session, domestic equity indices ended mildly lower amid losses in private bank and IT stocks.

Tepid cues from Asian and European markets weighed on investor sentiments, keeping the proceedings sombre through most of the day. ICICI Bank, Infosys, TCS and Axis Bank proved main drags on the Sensex, which ended 50 points, or 0.13 per cent, lower at 38,981.

Its NSE counterpart Nifty settled at 11,725, down 23 points or 0.20 per cent. The advance-decline ratio favoured the sellers: for every two stocks that gained, three declined.


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