Sensex lower

Indian shares edged lower on Thursday. The NSE's sub-index for software companies was down 1.2 per cent. The Sensex was down 0.13 per cent, while the Nifty fell 0.23 per cent. Software stocks led the declines. Infosys Ltd (INFY.NS) was down 1.8 per cent, TCS fell 2 per cent and HCL Technologies (HCLT.NS) lost 1.6 per cent. Essar Oil (ESRO.NS) fell as much as 10 per cent, giving up intraday gains of as much as 5 per cent. Tata Motors Ltd (TAMO.NS) was down 1.9 per cent. Among the gainers, Bhushan Steel Ltd (BSSL.NS) surged 20 per cent, hitting its daily upper limit, on news that majority of its lenders had approved a plan to recast its debt, according to Reuters.