On Wednesday, both the benchmark indexes in India, Sensex and Nifty ended below the key levels. This happened since the investors went ahead for profit-booking.
Most of the trend was seen in the biggies of the market like Reliance Industries and others before the end of the deadline for July F&O.
Weakness in the European markets that appeared did not help t0 revive the sentiments much.
BSE's Sensex closed at 17,957.37, down 120.24 points or 0.67 per cent. It touched an intra-day low of 17,925.40 and high of 18,137.14 during the session.
On the other hand, NSE's Nifty ended at 5397.55, down 33.05 points or 0.61 per cent. The 50-share index touched a trough of 5386.25 and crest of 5447.85 in today's trade.
Experts and industry people said that Nifty was able to break the rising trendline. The movement in that direction had started in May itself and that there seems to be a situation of more profit-bookings.
Meanwhile, the BSE Midcap was at a loss of 0.21 per cent while BSE Small Cap was down by 0.16 per cent.
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