Pedestrians walk past the Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Sensex Trims Gains At Close After Hitting Record; Nifty Holds 11,700

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Closing Bell: Sensex Trims Gains At Close After Hitting Record; Nifty Holds 11,700

Indian equity benchmark—S&P BSE Sensex trimmed intraday gains after hitting a record high.

The 31-share index ended at 0.42 percent higher at 38,837.18, after rallying over 400 points to hit an all-time high at 39,115.57.

The NSE Nifty 50 Index ended at 11,669.15, up 0.39 percent. The broader market index represented by the NSE Nifty 500 Index ended 0.4 percent higher.

The market breadth was tilted in favour of buyers. About 1,253 stocks advanced and 536 shares declined on National Stock Exchange.

Six out of 11 sectoral gauges compiled by NSE declined, led by the NSE Nifty realty index’s 0.87 percent fall. On the flipside, the NSE Nifty Metal Index was the top sectoral gainer, up 1.84 percent.

Market Check: Sensex, Nifty Off Day’s High

Indian equity benchmarks were off day’s high. Sensex traded 150 points higher after rallying over 400 points and Nifty traded below 11,700.

Sensex Trims Gains At Close After Hitting Record; Nifty Holds 11,700

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Shares of the company rose 3.8 percent to Rs 864.90. The stock had advanced over 8 percent intraday.

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Sensex Trims Gains At Close After Hitting Record; Nifty Holds 11,700