Sensex, Nifty Snap Two-day Winning Streak As Recession Worries Weigh

Indian shares ended Thursday's session modestly lower after two consecutive sessions of gains.

While fears of a possible U.S. recession weighed, falling oil prices and a weaker dollar overseas lent some support.

Global cues were broadly negative as weak U.S. data and hawkish Fed comments stoked recession worries.

The benchmark S&P/BSE Sensex ended the session down 187.31 points, or 0.31 percent, at 60,858.43, while the broader NSE Nifty index settled 57.50 points, or 0.32 percent, at 18,107.85.