Domestic equity benchmark indices, the Sensex and the Nifty 50, ended Wednesday’s trading session in red amid weak global cues, and as Asian markets witnessed mixed trends.
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On Wednesday’s morning session, the Nifty 50 touched a record high for the third consecutive session amid a broad rally in metal stocks. Metals rose 1.9%, led by a 3% rise in aluminum producer Hindalco after its US subsidiary Novelis filed for a US IPO.
The 30-share BSE Sensex ended lower by 434.31 points or 0.59% at 72,623.09 level while the Nifty 50 closed at 22,055.05 level, down 141.90 points or 0.64%. On the broader market front,the Nifty Small Cap 100 dropped 1.04% and the Nifty Midcap 100 indexes was down by 1.25%.
