Stocks end lower amid profit booking at record levels
The BSE Midcap index slipped by 0.18% while the Smallcap index dropped 0.34%.
The BSE Midcap index slipped by 0.18% while the Smallcap index dropped 0.34%.
At close, the Sensex was up 142.87 points or 0.17% at 82,000.71, and the Nifty was up 33.20 points or 0.13% at 25,083.75.
Sensex settled 625 points, or 0.76%, lower at 81,551.63, while the Nifty 50 ended 175 points, or 0.70%, down at 24,826.20.
All the sectors faced profit booking decline except IT, FMCG and Pharma counters. At around 2.00 p.m., the S&P BSE Sensex trade on a flat note at 55,617.55.
Asian Paints was the top gainer in the Sensex pack, advancing over 3 per cent, followed by Titan, Bajaj Finserv, ONGC, Infosys and TCS.
However, the yellow metal was trading higher by 0.05 per cent to USD 1,270.70 an ounce in Singapore.
Gold prices tumbled Rs 394 to Rs 31,249 per 10 grams in futures trade Tuesday as participants indulged in off-loading their exposure in line with a weak trend overseas amid profit-booking at prevailing levels.
Zinc prices eased 0.32 per cent to Rs 201.10 per kg in futures trade on Tuesday as traders trimmed positions…
Tyre maker Ceat Ltd. led peers higher on Tuesday as traders concentrated their buying energies on second rung stocks in a market…
