Share/Stock Highlights: The topline equity indices snapped out of their seven-day winning streak and ended marginally lower on Tuesday after hitting fresh all-time highs in the intraday trade.
The S&P BSE Sensex fell 49.54 points (0.08 per cent) to end at 61,716.05 while the Nifty 50 cracked 58.30 points (0.32 per cent) to settle at 18,418.75.
Earlier in the day both the indices had opened over 0.5 per cent higher and hit fresh record highs with the Sensex breaching the 62,000 level mark for the first time ever and hitting 62,245.43 while the broader Nifty went past the 18,600 mark to hit a fresh all-time high of 18,604.45.
ITC was the top laggard of the day followed by Hindustan Unilever (HUL), Titan Company, Tata Steel, Ultratech Cement and Power Grid Corporation of India. On the other hand, Tech Mahindra, Larsen & Toubro (L&T), Bajaj Finserv, Infosys, HDFC Bank and Kotak Mahindra Bank were the top gainers.
Among the sectoral indices, the Nifty FMCG index fell 3.19 per cent dragged by ITC and HUL. The Nifty PSU Bank index crashed 3.73 per cent due to a fall in Union Bank of India and Indian Bank. The Nifty Metal index too fell 2.46 per cent led by a fall in Welspun Corp and National Aluminium Company.
(with inputs from agencies)