Indian shares ended off their day’s highs on Tuesday as banks and financials succumbed to profit taking at higher levels. IT companies and automakers gained ground, helping key benchmark indexes end the day firmly in positive territory.
The 30-share BSE Sensex surged to a record high of 53,057 earlier in the day on robust global cues before giving up all opening gains to end the session up 14.25 points, or 0.03 percent, at 52,588.71.
The broader NSE Nifty index settled up by 26.25 points, or 0.17 percent, at 15,772.75, after having scaled a record high of 15,895 earlier in the day.
Global cues were mixed, with Asian markets following Wall Street higher, while European stocks were subdued in early trade ahead of Fed Chair Powell’s Congress testimony.
Maruti Suzuki India shares surged 5.2 percent after the auto manufacturer said it would increase the prices of its cars from July.
SBI Life, Wipro, Shree Cement and UPL climbed 2-4 percent while Hindustan Unilever, Nestle India, Bajaj Finance and Asian Paints dropped 1-2 percent.
IOB and Central Bank of India hit fresh 52-week highs before ending up 5.1 percent and 3.7 percent, respectively.
Jet Airways soared 5 percent after the National Company Law Tribunal (NCLT) cleared the resolution plan submitted by Kalrock-Jalan consortium for the beleaguered airline.
Sensex, Nifty End On Flat Note
2021-06-22 10:41:15
