Markets settle lower after hitting record peaks in intra-day; Sensex breaches 75,000-milestone
The Hindu
The 30-share BSE Sensex declined 58.80 points or 0.08 per cent to settle at 74,683.70. During the day, it climbed 381.78 points or 0.51 per cent to reach the all-time peak of 75,124.28
Benchmark equity indices ended marginally lower on April 9 amid profit-taking after the BSE Sensex breached the historic 75,000-mark for the first time ever in early trade and the Nifty climbed to its fresh peak.
Putting a break on its record-breaking rally, the 30-share BSE Sensex declined 58.80 points or 0.08 per cent to settle at 74,683.70. During the day, it climbed 381.78 points or 0.51 per cent to reach the all-time peak of 75,124.28.
The NSE Nifty dipped 23.55 points or 0.10 per cent to 22,642.75. During the day, it advanced 102.1 points or 0.45 per cent to hit the record peak of 22,768.40.
From the Sensex basket, Titan, Reliance Industries, Asian Paints, Tech Mahindra, IndusInd Bank, UltraTech Cement, Wipro and ITC were the major laggards.
ICICI Bank, Infosys, Bajaj Finserv, Tata Steel, Axis Bank, Bajaj Finance, Nestle and Mahindra & Mahindra were among the major gainers.
In Asian markets, Tokyo, Shanghai and Hong Kong settled in the positive territory while Seoul ended lower.
European markets were trading mostly lower. Wall Street ended on a mixed note on Monday.
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