Indian market erases morning gains and ends lower on Thursday
In the opening hours on Thursday, the benchmarks hit a fresh 52-week high but erased all gains with BSE Sensex down 144.70 points at 28,839.79and NSE Nifty down 46.05 points at 8899.75.
Auto stocks were up on Thursday after leading companies posted robust sales growth in February beating the demonetisation effect, according to media reports. Tata Motors was up 2.7% while Bajaj Auto gained 2.1% and Hero MotoCorp 1.4%.
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