Sensex, Nifty off record highs; banking stocks drag

January 15, 2020 16:14

Market benchmarks Sensex and Nifty on Wednesday closed in the red, pausing their four-session winning run on emergence of selling mainly in banking stocks.

After trading on a volatile note through the day, the 30-share BSE Sensex settled 79.90 points or 0.19 per cent lower at 41,872.73. Similarly, the broader Nifty closed 19 points, or 0.15 per cent, down at 12,343.30.

Both indices -- Sensex and Nifty -- had closed at their life-time high levels for the second day in a row on Tuesday. IndusInd Bank was the top loser in the Sensex pack, dropping 5.44 per cent. Infosys, SBI, PowerGrid, Tech Mahindra, Bharti Airtel and HDFC Bank too fell up to 1.21 per cent.

Image: Infosys, SBI, PowerGrid, Tech Mahindra, Bharti Airtel and HDFC Bank fell up to 1.21 per cent.

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