Sensex ends 168 points down on late selling in index majors

Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy review. IMAGE: A broker reacts as he trades at his computer terminal at a stock brokerage firm in Mumbai. Photograph: Francis Mascarenhas/Reuters Erasing its early gains, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1.