The S&P BSE Sensex index ended 85.40 points or 0.16 per cent lower at 51,849.48 and the broader NSE Nifty 50 benchmark settled at 15,576.20, up 1.35 point from its previous close.
ITC was the worst hit on both Sensex and Nifty, ending down 2.83 per cent at Rs 209.10 apiece on BSE a day after the company’s Q4 profit slipped, although it did manage to meet Street estimates.
Tech Mahindra, Axis Bank, Asian Paints, HDFC, Bharti Airtel, Kotak Mahindra Bank and HCL Tech – ending between 0.60 per cent and 1.23 per cent lower – were among other laggards in the Nifty50 universe.
On the other hand, UPL was the top gainer, ending 2.78 per cent higher. Tata Steel, Hindalco, JSW Steel, RIL, Adani Ports and HDFC Life – closing with gains of between 1.65 per cent and 2.60 per cent – were among other top performers.
Analysts awaited the outcome of the RBI’s monetary policy review due later this week.
THIS IS A DEVELOPING STORY. MORE TO COME…
