Markets take a breather after record-breaking rally; Nifty hits fresh peak

The 30-share BSE Sensex dipped 33.01 points or 0.05% to settle at 65,446.04

Equity benchmark indices ended flat on July 5 with Sensex sliding 33 points and Nifty gaining nine points after an unabated record-breaking rally in the last few trading sessions.

Weak global market trends and fall in HDFC twins also spoiled markets party.

The 30-share BSE Sensex dipped 33.01 points or 0.05% to settle at 65,446.04. The benchmark remained in the negative territory for most part of the trade and fell 222.56 points or 0.33% to 65,256.49 in intra-day.

The NSE Nifty eked out marginal gains of 9.50 points or 0.05% to end at its fresh record high of 19,398.50. During the day, it hit a high of 19,421.60 and a low of 19,339.60.

From the Sensex pack, HDFC Bank fell over 3% and HDFC declined nearly 3%.

Bajaj Finserv, Wipro, Tata Motors, Axis Bank, NTPC, Bajaj Finance and UltraTech Cement were among the other laggards.

However, Maruti, Tech Mahindra, IndusInd Bank, Hindustan Unilever, ITC, ICICI Bank, Power Grid and Nestle were among the gainers.