Key indices ended lower on Wednesday after making all new record highs in the morning trades, driven by a range-bound trading session. The BSE Sensex dropped 98.80 points to 33,911.81, whereas the NSE Nifty-50 fell 40.75 points to close at 10,490.75.
Except healthcare stocks, all other BSE sectoral indices were trading in red. Among them, oil & gas index fell by 0.7%, followed by realty 0.69%, capital goods 0.68% and PSU 0.59%, while healthcare index was up 1.73%. High selling pressure witnessed in the PSU Bank, Auto, Realty, FMCG and PSU bank stocks.
The stock of Sun Pharmaceuticals rose 9.16% to the day’s high of Rs 590 on BSE. Shares of Dr Reddy’ Laboratories, Wipro, Mahindra and Mahaindara, Hindustan Unilever were the top gainers. On the other hand, shares of ICICI Bank, Bharti Airtel, SBI, TCS, L&T, Bajaj Auto, Reliance Industries, IndusInd Bank, HDFC Bank, Tata Motors, Power Grid, ITC shed up to 1.9 percent.
The stock of RCom rose 32.3% to hit a seven-month high of Rs 29.95 before closing up 32.56 percent at Rs 28.5 on NSE, on the other side the stock rose 40.41 percent to Rs 29.95 before settling up 34.04 percent at RS 28.59 on BSE on Wednesday.
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