Business Standard

Provisional: Markets end lower on profit taking

FMCG, Pharma and IT shares were among the top losers.

SI Reporter Mumbai
Markets ended lower on Tuesday as investors booked profits after sharp gains recently which saw both the benchmark indices rising to all-time closing highs. FMCG, Pharma and IT shares were among the top losers.

The 30-share Sensex ended down 288 points or 1.4% at 20,952 and the 50-share Nifty ended down 72 points or 1.1% at 6,245.

On Sunday, during the special 75-minute Muhurat Trading to mark the beginning of Samvat 2070, a new year for traders according to the Hindu calendar, the 30-share Sensex ended up 0.2% at 21,239 after hitting a new high of 21,321.

The NSE Nifty, on the other hand, posted a record closing high of 6,317.35, topping its previous high of 6,312.45 on November 5, 2010. However, the highest level in intra-day trade remains 6,357.10, hit on January 8, 2008.
 
Markets were closed for trading on Monday on account of Diwali.

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First Published: Nov 05 2013 | 3:31 PM IST

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