Investors poorer by Rs 1.35 lakh crore as Sensex falls for third day, Nifty below 18,150

The Indian equity markets reversed their gains on Thursday and closed in the red for the third straight day. The main drag on the markets was profit booking, with ITC, SBI, and L&T all falling significantly. Among individual stocks, Restaurant Brands Asia (RBA) was the biggest winner, with reports that a consortium of private-equity firms is in talks to buy the company’s entire stake. Elsewhere, Honeywell Automation and Sector-wise, the PSU banks and