Benchmark equity indices Sensex and Nifty closed flat on Wednesday despite touching new lifetime peaks earlier in the session, as profit-taking emerged amid a lack of immediate market triggers.
In a volatile trading day, profit booking in consumer durables, capital goods, and energy shares offset strong gains in banking and financial stocks.
Rallying for the fifth consecutive session, the 30-share BSE Sensex rose 36.45 points, or 0.05%, to a new closing high of 77,337.59. Earlier, it surged 550.49 points, or 0.71%, to hit an intraday record of 77,851.63.
Meanwhile, the NSE Nifty ended at 23,516, down 41.90 points, or 0.18%. During the session, it climbed 106.1 points, or 0.45%, to set a new intraday high of 23,664.
Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra, and HCL Technologies were the top gainers.
Conversely, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance, and Power Grid were the prominent losers.
Asian markets had mixed outcomes, with Seoul, Tokyo, and Hong Kong closing higher, while Shanghai ended lower. European markets were trading lower in mid-session deals, whereas US markets closed positively on Tuesday.
Foreign Institutional Investors (FIIs) purchased equities worth Rs 2,569.40 crore on Tuesday, according to exchange data.
Global oil benchmark Brent crude decreased by 0.22% to USD 85.14 per barrel.
Follow us
