Sensex drops 214 points on profit-booking; Nifty holds 17,000-level
The Hindu
M&M was the top loser in the Sensex pack.
Equity benchmark Sensex dropped 214 points on Wednesday, led by losses in index majors Infosys, HDFC and TCS as investors booked profits at record levels despite a positive trend in global markets. After touching a lifetime high of 57,918.71 during the session, the 30-share index pared all gains to end 214.18 points or 0.37 % lower at 57,338.21. Similarly, the broader NSE Nifty declined 55.95 points or 0.33 % to 17,076.25. It touched an intra-day record of 17,225.75.
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