Indian shares snapped an eight-day winning streak on Thursday as investors sold off banking and financial stocks, despite Finance Minister Nirmala Sitharaman announcing a new set of stimulus measures and sounding optimistic on the state of the country's economy. The NSE Nifty 50 index closed 0.46% lower at 12,690.8 and the S&P BSE Sensex fell 0.54% to 43,357.19. "Investors were not expecting much from this stimulus announcement other than some incremental measures for specific sectors," said Samrat Dasgupta, chief executive at Esquire Capital Investment Advisors.