Sensex, Nifty End With Losses; Reliance Industries Falls 4%
Index graphs run across a computer screen on the investment floor at Aviva Investors, in London, U.K. (Photographer: Jason Alden/Bloomberg News)

Sensex, Nifty End With Losses; Reliance Industries Falls 4%

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Closing Bell: Back To Square One

Indian equity markets reversed most of Tuesday's gains ending near the lowest point of the day, dragged lower by heavyweight Reliance Industries (down 4%).

The S&P BSE Sensex ended 1.1% lower at 38,071 while the Nifty ended above the 11,200 mark, down 0.86% at 11,202. Both benchmark indices are back to being flat for the week.

Among sectoral indices, the auto index was the major laggard, ending 1.2% lower. The I.T. index snapped a three-day gaining streak, ending 0.9% lower.

The Pharma index outperformed in today's trade, led by gains in Dr. Reddy's Laboratories (up 6.3%). The index ended 3.1% higher.

The PSU Bank index was the other sectoral gainer, ending 1.5% higher but off the day's high.

Broader markets were mixed in today's session. The Nifty Midcap index ended 0.5% higher while the smallcap index ended little changed.

Market breadth ended in favour of the gainers. 1,000 stocks on the NSE ended with gains while 800 declined.

How Did The Sectoral Indices Fare

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