New Delhi: Equity benchmark Sensex on Wednesday (June 30) surrendered early gains with a fall of 67 points as investors booked profits at higher levels amid largely negative trend in global markets. After gaining nearly 400 points during the day, the 30-share BSE index ended 66.95 points or 0.13 per cent lower at 52,482.71. Similarly, the broader NSE Nifty slipped 26.95 points or 0.17 per cent to end at 15,721.50.
PowerGrid was the top laggard in the Sensex pack, falling over 1 per cent, followed by Bajaj Finserv, ICICI Bank, HDFC, NTPC, HUL and L&T.
On the other hand, Infosys, Reliance Industries, Nestle India and Martui were among the gainers.
Binod Modi, Head of Strategy, Reliance Securities, said, “The domestic benchmark indices gave up gains in the last session as profit-booking continued in the financial markets.”
However, buying was visible in IT, metals and auto companies, while pharma remained largely resilient. Besides, RIL also assisted the market to contain the downside.
Notably, midcap and smallcap stocks continued to outperform the broader indices, he said, adding that the volatility index improved marginally.
Elsewhere in Asia, shares in Hong Kong and Tokyo ended in the red, while Shanghai and Seoul closed with gains.
Equities in Europe were trading with losses in mid-session deals. Read also: PM Kisan Yojana: Rs 3000 monthly pension as well as Rs 6000 annually, get this way
Meanwhile, international oil benchmark Brent crude was trading 0.79 per cent higher at $74.87 per barrel. Read also: IIT Hyderabad, WiSig announce India’s first 5G SoC ‘Koala’ to run NB-IoT applications
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