Indian equity indices ended 1.5% lower on Thursday, with the Sensex falling 1,190 points to 79,043 and Nifty declining 361 points to 23,914. IT stocks led the decline, with the Nifty IT index dropping 2.3% amid concerns over slower US rate cuts. Infosys, ICICI Bank, Reliance Industries, and TCS were among the top contributors to the losses.