New Delhi, Nov. 7 -- Frontline index Nifty 50 ended in the red for the second consecutive session on Thursday, November 7, on heavy selling by foreign institutional investors (FIIs) amid mixed Q2 earnings and lack of fresh positive triggers.

The Nifty 50 ended 0.34 per cent down at 25,509.70. On a weekly scale, the index has declined by about a per cent, looking set to extend its losing run to the second consecutive week.

However, broader indices suffered deeper losses. The Nifty Midcap 100 index plunged 0.95 per cent while the Nifty Smallcap 100 index crashed 1.39 per cent on Thursday.

According to Ajit Mishra, SVP of research at Religare Broking, the weakness was largely attributed to renewed risk aversion amid mixed corporate earnin...