Sensex ended 203 points lower at 76,490, while the Nifty50 ended at 31, down at 23,259 level
MUMBAI: Indian benchmark indices closed lower on Monday under selling pressure in IT counter and select heavyweight shares like HDFC Bank, Maruti Suzuki, Bajaj Finance, and ITC.
The BSE Sensex ended 203 points, or 0.27 per cent, lower at 76,490, while the Nifty50 ended at 31 or 0.13 points down at 23,259 level. With this, the benchmarks snapped their three-day winning run on the bourses.
Sensex hit a record high of 77,079 earlier today, topping the 77,000-mark for the first time. The Nifty50, too, touched a new peak of 23,412, surpassing the 23,400-mark for the first time ever on Monday.
Tech M, Infosys, Wipro, M&M, Bajaj Finance, TCS, HCL Tech, Maruti Suzuki, HDFC Bank, Titan Company, and ITC were the top laggards, down in the range of 0.5 per cent to 2.6 per cent.
The broader markets, however, stayed afloat with the BSE MidCap, and SmallCap indices adding 0.56 per cent and 1 per cent, respectively.
Sectorally, the Nifty IT index edged 1.8 per cent lower, followed by the Nifty Metal (down 0.38 per cent). On the upside, the Nifty Media index gained nearly 2 per cent.
