The BSE Sensex and NSE Nifty slid nearly 1 per cent on Thursday as investors continued to book profit in the recent outperformers ahead of result season which is expected to remain weak. Sentiments also remained under pressure after data showed that foreign institutional investors sold shares worth Rs 493.56 crore on Wednesday. Sensex closed 215 points down at 24,685.42, while Nifty 50 settled 67.90 points down at 7,546.45.
For the financial year ended March 2016, BHEL on Thursday reported net loss of Rs 877 crore (provisional) in FY2015-16 against net profit of Rs 1,419 crore last year.
Next week, cement makers ACC Ltd and Ambuja Cements Ltd, and software services provider Infosys are due to report their earnings results.
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