Market Highlights: Sensex ends 168 points lower and Nifty 50 below 17,900

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Market at Close | Sensex and Nifty 50 give up initial gains to end lower 

— IT stocks rise as earnings flow in, Tech M, HCL, Wipro, Infosys top gainers.

— HDFC Bank slips despite reporting a healthy set of earnings.

— Adani Ent falls three percent on reports of company filing FPO papers with SEBI.

— Metals stocks are under pressure as dollar index rises, JSW, JSPL top losers.

— Delta Corp, ICICI Pru end with gains while ICICI Lombard slips ahead of results.

— Major private banks remain under pressure with Axis Bank falling the most

— Federal Bank rises nearly two percent and L&T Fin three percent after a robust set of December quarter earnings. 

— PVR is top midcap loser, closes four percent lower after a brokerage downgrade.

— PSU Bank basket surges following a strong set of earnings from Bank of Maharashtra. 

— Market breadth favours declines, advance-decline ratio at 2:3. 

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