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Sensex, Nifty Slip After Hitting Record Highs; Broader Market Ends Mixed”

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Benchmark domestic equity indices, the Sensex and the Nifty, ended the session with slight losses today. Both indices opened at their record all-time highs but were unable to hold on to that momentum. After a range-bound day of trade, the markets slipped into the red by the close.
 
The Sensex fell 65 points, to close at 85 thousand 642, while the Nifty dipped 27 points, to settle at 26 thousand 176. However, the broader market indices at the Bombay Stock Exchange closed mixed. The Mid-Cap index lost 0.2 per cent, while the Small-Cap index edged up marginally.
 
In the Sensex pack, 16 out of 30 companies edged upward. In the top gainers, Tata Motors Passenger Vehicles Limited surged over 1.9 per cent, Maurti as well as Bharat Electronics Limited, both rose almost 1.4 per cent and Kotak Bank added over 1.1 per cent. Among the top laggards, Bajaj Finance shed over 1.6 per cent, Sunpharma fell nearly 1.3 per cent and Trent lost almost 0.8 per cent.
 
Across sectoral indices at the BSE, 12 out of 21 sectors ended with losses. Among the key decliners, Realty slipped one per cent, Healtcare dipped over 0.6 per cent and Consumer Durables decreased almost 0.6 per cent. Among the top gainers, Auto gained 0.8 per cent, Metal rose nearly 0.6 per cent, and Focused IT added more than 0.3 per cent.  
 
The overall market breadth at the BSE was negative, as shares of 2,405 companies declined, 1,836 advanced, and 214 remained unchanged.

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