3:47 PM: Sensex ends 247 down, Nifty below 11,900; PSU banks close lower

Indian indices ended lower but off day’s low on Wednesday ahead of F&O expiry on May 30.

At close, the Sensex was down 247.68 points at 39,502.05, while Nifty was down 67.70 points at 11,861.10. About 1051 shares have advanced, 1493 shares declined, and 156 shares are unchanged.

JSW Steel, SBI, Tata Steel, Cipla and Zee Entertainment were major losers on the Nifty, while gainers were Sun Pharma, Bharti Infratel, TCS, GAIL and HCL Tech.

Among the sectors, except IT all other indices are trading in the red led by PSU Bank, infra, auto, metal, energy, FMCG and pharma.

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