Recovering from the low of the day, the Sensex index settled at 51,309 levels on the BSE, down 20 points or 0.04 percent. Bharti Airtel (down 1.5%), Axis Bank, HDFC Bank, ONGC, PowerGrid and L&T were the main laggards in the index. On the peso, HDFC Bank, Infosys, ICICI Bank, Axis Bank and L&T accounted for the biggest losses.
That said, gains at Bajaj Finserv, M&M, Bajaj Finance, Titan, TCS and Reliance Industries, all up 1.2-3%, trimmed losses.
NSE’s Nifty50, on the other hand, closed 3 points, or 0.02 percent, lower at levels of 15,106.5 with 22 of the 50 components ending the day in the red.
The broader markets, however, bucked the trend and ended higher today. The S&P BSE MidCap and SmallCap indices added 0.7% and 0.4%, respectively, at the close.
The NSE industry indices ended mixed on Wednesday. The Nifty Realty index closed 1.6 percent higher, followed by gains in the Nifty Pharma and Auto indices, about 1 percent each. On the downside, the Nifty Bank and Nifty Private Bank indices closed 0.7% lower.
Global markets
Global stocks rose to new all-time highs and European indices strengthened, with market sentiment generally upbeat. In Europe, the STOXX 600 index was up 0.3%, while the German DAX was up 0.1%.
Previously in Asia, Japan’s Nikkei added 0.2 percent, Hong Kong’s Hang Seng gained 1.2 percent and South Korea’s Kospi advanced 0.5 percent.
(With input from Reuters)
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