The record-breaking run of India's share markets came to a halt as benchmark indices proved to be a drag ahead of the weekly options expiry tomorrow.
The 10-day successive victory, the S&P BSE Sensex came to an end with the index ending 263 poinrs lower at 48,174. The NSE Nifty 50 index too ended 53 points lower at 14,146.
Among sectoral indices, FMCG and I.T. proved to be drags in today's session. Metals stocks made a clarion sound in today's session with the Metal index ending with gains of 1.3 percent. The realty index was the other sectoral gainer; ending 0.7 percent higher.
Nifty IT index closed down 1.36 percent at 25419.15 today. The index has added 13.00 percent over last one month. Among the constituents, Info Edge (India) Ltd fell 4.27 percent, Larsen & Toubro Infotech Ltd slipped 4.18 percent and Coforge Ltd shed 2.81 percent. The Nifty IT index has increased 60.00 percent over last one year compared to the 17.37 percent spike in the benchmark Nifty 50 index.
Broader markets were mixed but managed to outperform the benchmark indices. The Midcap index ended with gains of 0.5 percent while the Smallcap index ended little changed. 869 stocks on the NSE ended with gains while 1,049 stocks declined.
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