Highlights

  • Benchmark equity indices ended lower on Wednesday
  • BSE Sensex declined 223 points
  • NSE Nifty fell by 55 points

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Nifty below 19,400, Sensex falls 200 points; equity markets settle lower after three days of rally

Following three days of gains, benchmark equity indices closed lower today

 Nifty below 19,400, Sensex falls 200 points; equity markets settle lower after three days of rally

Benchmark equity indices ended lower on Wednesday after three days of gain amid profit-taking ahead of key macroeconomic data announcements due later in the day along with the first quarter earnings from TCS and HCL Technologies.

Fag-end selling pulled down the 30-share BSE Sensex lower, which declined 223.94 points or 0.34 per cent to settle at 65,393.90. During the day, it hit a low of 65,320.25 and a high of 65,811.64.

The NSE Nifty fell by 55.10 points or 0.28 per cent to end at 19,384.30.

Industrial production data for May and inflation for the month of June will be announced later in the day.

From the Sensex pack, Infosys, Tata Motors, UltraTech Cement, HDFC Bank, NTPC, IndusInd Bank, Larsen & Toubro, HCL Technologies, Power Grid, Maruti, HDFC and Tata Steel were the major laggards.

Kotak Mahindra Bank, Asian Paints, Nestle, Titan, State Bank of India and Reliance Industries were the gainers.

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