The BSE Sensex, after a gap down opening at 33,733.55 continued its slide to touch a low of 33,580.69. Later, it recovered to 33,875.15 on firming trend in Europe and a recovery in major banking stocks following a benign wholesale inflation data. The index finally settled 21.04 points or 0.06 per cent lower at 33,835.74. The broader NSE Nifty cracked below the key 10,400-mark to touch a low of 10,336.30, before finally ending 15.95 points, or 0.15 per cent, down at 10,410.90. Intra-day it touch a high of 10,420.35.
Equity market benchmarks ended Wednesday’s session in the negative terrain, dragged by selling in select oil, telecom, metal, auto and IT stocks, triggered by weak global cues.
The BSE Sensex closed 21 points, or 0.06 per cent, down at 33,836, with 12, out of total 30 stocks, landing in the green zone.
The NSE Nifty50 settled 16 points, or 0.15 per cent, down at 10,411, with 20 stocks advancing, while 30 declining.
Tech Mahindra, Ambuja Cements, YES Bank, Bajaj Finance, UltraTech Cement, Maruti SuzukiBSE 0.99 %, State Bank of India, Axis BankBSE 0.89 % and HCL Technologies stood among the top gainers in the Nifty50 index on Wednesday.
However, Indian Oil CorporationBSE -3.14 %, Bharti Infratel, HPCLBSE -1.89 %, Hero MotoCorp, ONGCBSE -1.53 %, Tata Steel, HDFC, Bosch, Wipro and Bharti Airtel remained among the losers in the Nifty pack of stocks on Wednesday.
Among the sectors on NSE, Nifty PSU Bank, with a gain of 1.75 per cent remained at the top, followed by Nifty Media, IT and bank indices.