SENSEX SLIPS 85 POINTS; NIFTY ENDS MARGINALLY HIGHER AT 15,576

MUMBAI: Equity benchmark Sensex slipped 85 points on Wednesday, tracking losses in ITC, HDFC twins and Infosys amid a mixed trend in global markets.

The 30-share BSE index ended 85.40 points or 0.16% lower at 51,849.48, while the broader NSE Nifty inched up 1.35 points or 0.01% to 15,576.20.

ITC was the top loser in the Sensex pack, shedding nearly 3%, followed by Tech Mahindra, Axis Bank, Asian Paints, TCS, HCL Tech and HDFC.

On the other hand, Indusind Bank, Powergrid, Reliance Industries, Bajaj Auto and Maruti were among the gainers.

“Ahead of the policy, the market continued its volatility with a mixed bias. Selling was witnessed in financials, IT and FMCG stocks but it reduced towards the closing,” said Vinod Nair, Head of Research at Geojit Financial Services.