BENGALURU: Indian stocks ended lower for a fifth straight day on Thursday after hitting four-month lows, as fears of the coronavirus becoming a pandemic made investors flee riskier assets.

The broader NSE Nifty 50 index fell 0.4% to 11,633.30, while the benchmark S&P BSE Sensex declined 0.4% to 39,732.93. Both the indexes have shed more than 3.5% so far this week.

Both the Nifty and the Sensex have this week fallen below their 200-day moving average, considered to be a key technical support level and a bearish signal, analysts said.

Information technology and financial shares were the top laggards in the Nifty 50 index, with Wipro losing the most, down 3.5%. Sun Pharma was the top gainer in the Nifty 50 index, rising 3.7%.—Reuters