Sensex, Nifty End Lower Ahead Of RBI Monetary Policy Decision

INSUBCONTINENT EXCLUSIVE:
Thirteen of 19 sector gauges compiled by BSE ended lower led.The SP BSE Sensex and NSE Nifty 50 indexes came off record high levels tested
in yesterday's session ahead of Reserve Bank of India's monetary policy decision due on Thursday
Meanwhile, weakness in equities globally also weighed on investor sentiment domestically
Tata Consultancy Services, Infosys, ICICI Bank, Reliance Industries and Asian Paints led declines in today's session
Investors booked profit at record high levels ahead of the RBI policy meet decision on Thursday, analysts said.The Sensex fell 0.46 per cent
or 184 points to close at 40,084 and the NSE Nifty 50 Index dropped 0.55 per cent or 67 points to shut shop at 12,022.Thirteen of 19 sector
gauges compiled by BSE ended lower led by the SP BSE Information Technology Index's 1.6 per cent decline
Oil Gas, Healthcare, Energy, Consumer Discretionary Goods Services and Basic Material Indexes also declined between 0.6 and 1 per cent
each.On the flipside, SP BSE Capital Goods Index was top gainer, up 0.35 per cent.Mid- and small-cap shares witnessed selling pressure as SP
BSE MidCap and SP BSE SmallCap indexes declined 0.2 per cent each.Zee Entertainment was top Nifty loser, the stock fell 3.7 per cent to Rs
346.25
Hero MotoCorp, Asian Painta, Dr
Reddy's Labs, Bharat Petroleum, HCL Technologies, Indian Oil, TCS and UltraTech Cement were also among the losers.On the other hand, Yes
Bank, Bharti Infratel, NTPC, Axis Bank, Coal India, Vedanta, Wipro and Maruti Suzuki were among the gainers.Indian equity and debt markets
will remain closed on Wednesday for a holiday.