Six of 11 sector gauges compiled by the National stock market were trading lower led by the Nifty Realty index’s nearly 1 per cent fall.
The S&P BSE Sensex and NSE Nifty 50 indexes came off record highs in late morning deals on the rear of selling pressure in Reliance Industries, IndusInd Bank, ICICI Bank, HDFC Bank and Hindustan Unilever.
The benchmarks surged to record highs for the third straight session where within the Sensex rose the maximum amount as 431 points to hit a replacement record high of 43,708.47 and Nifty 50 index made a replacement all-time high of 12,769.75.
Analysts have indicated that after a pointy up move within the equities, an enormous correction isn’t on the cards.
On the flipside, IT and Financial Services indexes were top gainers with a gain of around 0.5 per cent.
Mid- and small-cap shares were witnessing a light selling pressure as Nifty Midcap 100 and Nifty Smallcap 100 indexes declined 0.15 per cent.
IndusInd Bank was top Nifty loser, the stock dropped 5 per cent to ₹ 792.
The overall market breadth was neutral as 1,255 shares were declining while 1,141 were advancing on the BSE.
