Business

Sensex declines 109 pts on profit booking in energy, IT, metal stocks

PTI

Benchmark BSE Sensex declined by 109 points on Tuesday due to losses in index major Reliance Industries, Tata Steel and ICICI Bank amid a muted trend in global markets.

The 30-share index ended 109.40 points or 0.18 per cent lower at 60,029.06 with 16 of its constituents closing in red.

The broader NSE Nifty fell by 40.70 points or 0.23 per cent to 17,888.95 as metal, IT and energy stocks declined.

Tata Steel was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tech Mahindra, HCL Tech, IndusInd Bank and Reliance Industries.

On the other hand, Maruti, NTPC, Titan, SBI and L&T were among the gainers.

Sectorally, BSE metal, energy, basic materials, oil and gas and healthcare indices fell up to 1.93 per cent, while realty, consumer durables and auto index ended with gains.

Metal, oil and commodity stocks dragged, fuelled by profit booking while realty, PSU bank and consumer durables made frail attempts at lifting the indices, analysts said.

Broader midcap and smallcap indices rose up to 1.11 per cent.