The BSE Sensex and NSE Nifty started off Wednesday trade with a negative bias due to profit booking and fall in Asian markets. FMCG, oil & gas and auto stocks were under pressure while SBI and L&T were quite supportive.
The BSE benchmark had rallied 226 points yesterday, but today profit booking dragged it down by 67.62 points to 17,550.73. Meanwhile, the NSE benchmark was down 20 points 5,325.55.
Shares of ITC, ICICI Bank, HUL, Reliance Industries, ONGC, Infosys, Tata Motors, Tata Power, Bharti Airtel, Maruti, Hero Motocorp and Bajaj Auto were down 0.5-1%.
However, HDFC Bank, NTPC, HDFC and State Bank of India were trading marginally higher.
The CNX Midcap Index fell 17 points to 7,479.
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