Sensex, Nifty end flat but at record closing highs; market breadth negative

The breadth, indicating the overall health of the market, turned negative

The benchmark indices settled at record closing highs for the second straight session, but erased most of intraday gains as investors booked profits in recent outperformers such as Bharti Airtel and Hindustan Unilever, while negative opening in European markets also capped gains. 

The S&P BSE Sensex ended at 30,250, up 3 points, while the broader Nifty50 closed at 9,422, up 15 points. In intraday trade, the 30-share Sensex rose as much as 118 points to hit its all-time high of 30,366, while the 50-share index gained 43 points to touch its record high of 9,451. 

In the broader market, the