Equity indices closed with mild losses for the second straight session on Wednesday, weighed by selling in banking counters, as domestic sentiment remained subdued despite a bullish trend overseas.
After swinging 666.64 points intra-day, the 30-share BSE Sensex settled 19.69 points or 0.04 per cent lower at 51,309.39. Similarly, the broader NSE Nifty slipped 2.80 points or 0.02 per cent to close at 15,106.50. Index heavyweight HDFC Bank was the biggest laggard in the Sensex pack, shedding 1.77 per cent, followed by Bharti Airtel, Axis Bank, ONGC, Nestle India, L&T, Infosys and SBI.
On the other hand, Bajaj Finserv, M&M, Bajaj Finance, TCS and Reliance Industries were among the gainers, spurting up to 2.96 per cent.