Sensex was down 55 points 26,092 while Nifty fell 20 points at 7,774. The breadth of the market was also weak with the BSE midcap and smallcap indices were down 0.3 per cent.Profit-taking was seen in oil & gas and capital goods stocks.
Oil & gas heavyweight RIL fell nearly 0.4 per cent while GAIL declined 1.3 per cent. Cairn India shares slumped over 5 per cent on Thursday after the energy major said it is extending a $1.25 billion loan to its parent Vedanta. The company has already disbursed $800 million to Vedanta.
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