Indian shares hit their third record high in as many days on Tuesday before ending down 0.11 percent as investors took a breather after the market had risen more than 5.5 percent over the previous three days.
The 30-issue benchmark BSE index eased 14.91 points to 14,114.73, although 18 of its components gained, after it had risen to a record high of 14,211.15 in opening trade. In the broader market, losers at 1,323 slightly edged out 1,138 gainers on a volume of 393.5 million shares. But the 50-issue NSE index was up 0.05 percent at 4,080.50.
The main BSE index was pulled lower by heavyweights such as Infosys Technologies Ltd and Reliance Industries Ltd Reliance Industries, which hit a record high on Monday, fell 1.3 percent to 1,347 rupees. Shares in second-biggest software exporter Infosys dropped 1.2 percent to 2,217 rupees.
Bajaj Auto, India's second-biggest motorcycle maker ended up 0.3 percent to 2,774.60 rupees. Shares in top utility vehicle maker Mahindra & Mahindra Ltd gained 3.7 percent to 985.30 rupees.
Comments
Comments are closed.