INSUBCONTINENT EXCLUSIVE:
The equity the criteria snapped their seven-day record breaking steak as investors booked profits at all-time highs in recent outshining
shares such as Infosys, Axis Bank, Tata Consultancy Services, ICICI Bank, Bajaj Finance and Kotak Mahindra Bank
Throughout the day, the Sensex increased as much as 256 points to hit an all-time high of 58,553.07 and Nifty 50 index touched record high
The marketplaces, however, gave up all their gains to end in the unfavorable due to profit-booking at greater levels
The Sensex ended 17 points lower at 58,279 and Nifty 50 index slipped 16 indicate close at 17,362
The market witnessed some unstable movements and an attempt to hold the Nifty level of 17,300
If the marketplace sustains above the level of 17,200-17,250, it is anticipated to gain momentum, leading to a benefit projection till
17,400-17,450, Ashis Biswas, head of technical research study at CapitalVia Global Research study said.Thirteen of 19 sector evaluates put
together by the BSE ended lower, led by the S&P BSE Realty index's over 2 per cent decline
Oil - & Gas, Utilities, Infotech, Healthcare, Banking and Capital Goods indices also fell 0.5-1 percent each.On the other hand, Telecom and
Customer Durables shares saw buying interest.Mid- and small-cap shares experienced profit reservation at record highs, declining 0.23 and
0.42 percent respectively.Among specific shares, shares of tractor and farm devices maker, VST Tiller Tractors, rose as much as 9.3 percent
to hit a record high of Rs 2,890 after the company post market hours on Monday informed exchanges that it has introduced a variety of
tractors and power tillers in Southern African countries.IRCTC leapt almost 10 percent to hit record high of Rs 3,297.90 on the back of
heavy trading volumes.Axis Bank was the top Nifty loser; the stock fell 1.65 percent to close at Rs 787
Wipro, Tech Mahindra, HCL Technologies, Infosys, Eicher Motors, ONGC, Tata Steel, Tata Motors and Hero MotoCorp were likewise among the
losers.On the flipside, Bharti Airtel, Grasim, ITC, HDFC, IndusInd Bank, UltraTech Cement, Reliance Industries, Shree Cements and Asian
Paints were amongst the gainers.
