Domestic stock markets faced selling pressure on Thursday, driven by declines in tech-heavy stocks, a lack of significant global cues, and weak performance in Asian markets, news agency ANI reported.

The Nifty 50 at the National Stock Exchange (NSE) closed at 23,914.15, down by 360.75 points, while the Bombay Stock Exchange (BSE) Sensex ended at 79,043.74, falling by 1,190.34 points. Both major benchmarks dropped by more than 1 percent during the trading session.