Sensex Ends Flat At 79,441.45, Nifty At 24,123.85; Both Hit Record Highs In Day Trade

Stock Market: Domestic benchmark equity indices Sensex and Nifty hit new highs before ending flat amid concerns over high valuations on Tuesday, with profit-taking in select banking and telecom stocks. The 30-share BSE Sensex fell 34.74 points or 0.04 percent to close at 79,441.45. During the day, it jumped 379.68 points, or 0.47 percent, to touch an all-time high of 79,855.87. The Nifty index declined by 18.10 points or 0.07 percent to end at 24,123.85 points. During the day, it rose 94.4 points, or 0.39 percent, to reach an all-time high of 24,236.35.

Among the Sensex basket, Bharti Airtel, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, Tata Motors, Bajaj Finance, State Bank of India and Titan were the major losers. Larsen & Toubro, HDFC Bank, Infosys, Tata Consultancy Services, HCL Technologies and Tata Steel were the top gainers.

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The Bahrain Stock Exchange index ended higher on Monday by 443.46 points, or 0.56 percent, at 79,476.19 points -- its highest level ever. The Nifty index gained 131.35 points or 0.55 percent to end at a fresh all-time high of 24,141.95. In Asian markets, Tokyo, Shanghai and Hong Kong ended in positive territory on Tuesday, while Seoul closed lower. European markets were trading lower.

The US markets ended in green on Monday. India's total GST collection increased by 8 percent to Rs 1.74 lakh crore in June, sources said on Monday. Brent crude, the global benchmark, rose 0.66 percent to $87.17 per barrel. According to stock exchange data, foreign institutional investors (FIIs) offloaded shares worth Rs 426.03 crore on Monday.

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(With Agencies Input)