Sensex, Nifty Snap One-week  Record-Breaking Streak On Profit Booking
Sensex, Nifty Snap One-week Record-Breaking Streak On Profit Booking
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The benchmarks indices snapped their one-week record-breaking steak as investors booked profits by selling selected stocks. At  closing point, The Sensex ended 17 points lower at 58,279 and Nifty 50 index slipped 16 points to close at 17,362.

During intraday high level the Sensex rose as much as 256 points to hit an all-time high of 58,553.07 and the Nifty 50 index touched a record high of 17,436.50. The markets, however, surrendered all their gains to end in the negative due to profit-booking at higher levels. 

13 of 19 sector gauges compiled by the BSE ended lower, led by the BSE Realty index's over 2 percent decline. Oil & Gas, Utilities, Information Technology, Healthcare, Banking and Capital Goods indices also fell 0.5-1 percent each. On the other hand, Telecom and Consumer Durables shares saw buying interest. Mid- and small-cap shares witnessed profit-booking at record highs, declining 0.23 and 0.42 percent respectively.

Axis Bank was the top Nifty loser followed Wipro, Tech Mahindra, HCL Technologies, Infosys, Eicher Motors, ONGC, Tata Steel, Tata Motors and Hero MotoCorp were also among the losers. On the flipside, Bharti Airtel, Grasim, ITC, HDFC, IndusInd Bank, UltraTech Cement, Reliance Industries, Shree Cements and Asian Paints were among the gainers.

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