Sensex closes in the red; Bandhan Bank zooms on strong earnings

Indian shares snapped four sessions of gains to settle lower on Thursday as investors remained cautious ahead of technology giant Tata Consultancy Services' results.

The benchmark BSE Sensex closed the session 0.29 percent lower at 36,106.41, while the broader NSE Nifty ended down 0.31 percent at 10,821.60.

Shares of TCS, which is due to report quarterly results this evening, finished the session 0.21 percent lower.

Bandhan Bank Ltd's stock ended as much as 4.26 percent higher, after the Kolkata-based bank posted a 10 percent rise in third quarter profit on Thursday.