Sensex retreats from record high as auto, PSU bank stocks weigh on D-Street

NEW DELHI: Investors booked profits at the end of the day on Tuesday as benchmark indices wiped off morning gains. Selling pressure was seen in auto and PSU bank stocks, which were the biggest drags on the market, while some buying was witnessed in private bank scrips.

Even broader markets, which have shown resilience in the last few weeks, were not spared as both midcap and smallcap indices ended in the red.

The 30-share pack Sensex declined 18.82 points or 0.04 per cent to close at 52,861.18. The index ended 170 points below the day’s high. Its broader peer NSE Nifty fell 16.10 points or 0.10 per cent to settle at 15,818.25.

Market at a glance:

• AU Small Finance Bank surges 8% after Q1 update
• RCom hits lower circuit after DoT's denial to renew license
• Wonderla soars 12% as resort reopens with limited capacity
• IndiGo, SpiceJet end in the green after govt increases flight capacity
• TaMo plunges 9% as JLR issues profit warning over chip shortage

Among the blue-chip names, UltraTech Cement was the top gainer, rising 3.23 per cent. Shree Cement, HDFC Bank, Bajaj Finance, SBI Life Insurance, Bajaj Finserv and Kotak Mahindra Bank were among other top performers.

was the top loser in the Nifty50 pack, falling 8.41 per cent. Tech Mahindra, Coal India, TCS, M&M, Maruti Suzuki, , Sun Pharma, Nestle India and were other shares that ended in the red.