Equity benchmark indices Sensex and Nifty concluded lower for the second straight session on Wednesday, owing to profit-taking in key banking and auto stocks amid mixed global market trends and outflow of foreign funds.
The 30-share BSE Sensex lost 27.09 points or 0.04 percent to 73,876.82. The index fluctuated between the high of 74,151.21 and the low of 73,757.23.
The broader NSE Nifty dropped 18.65 points or 0.08 percent to 22,434.65, with 30 of the 50-share benchmark closing in losses.
As many as 16 Sensex components closed in red, with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan, and JSW Steel among the worst performers.
Among the gainers were NTPC, TCS, Tech Mahindra, and Bajaj Finance.
In Asian markets, South Korea’s Kospi, Hong Kong’s Hang Seng, Japan’s Nikkei 225, and China’s Shanghai Composite all concluded in red.
In European markets, CAC 40 of France and DAX of Germany were up, while London’s FTSE 100 was down.
On Tuesday, the US markets closed lower.
Brent crude gained 0.31 percent to USD 88.20 a barrel.
According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,622.69 crore on Tuesday.
On Tuesday, the BSE benchmark Sensex dipped 110.64 points or 0.15 percent to 73,903.91, while the NSE Nifty slid 8.70 points or 0.04 percent to 22,453.30.
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