Zee Media Bureau
Indian share markets ended over 1 percent lower Wednesday, giving up gains from the previous session as wary investors shied away from risky bets on fears that a rate cut in China was not enough to stabilise its slowing economy or halt a collapse in stocks.
The BSE 30-share index after rising to 26,156.61 points in early trade slipped into the negative zone and dipped below the 26,000 level to touch a low of 25,657.56 before ending 317.72 points or 1.22 percent down at 25,714.66.
The index had risen by 290.82 points yesterday after the government said it is considering reconvening a special session of Parliament for passage of the stalled GST bill.
The 50-issue NSE Nifty cracked the 7,800-mark by tumbling 88.25 points or 1.13 percent to 7,791.85.
Banking stocks took a beating, with the Bank Nifty falling 1.6 percent.
With Agency Inputs
