Mumbai: The Indian equity indices edged lower for the second day in a row. The losses in the automobile and bank shares weighed upon the domestic benchmark indices.
BSE Sensex shed 366 points or 0.66% to close at 55,103. NSE Nifty slipped down 108 points or 0.65% to settle at 16,498. Nifty Midcap 100 index fell 0.40% and small-cap shares rose 0.35%. Most of the sector gauges compiled by the National Stock Exchange settled lower. The overall market breadth of BSE was positive as 2,037 shares advanced while 1,284 declined.
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The top gainers in the market were HCL Tech, ITC and Tata Steel . The top losers in the market were ONGC, UPL, PowerGrid, Wipro, UltraTech Cement, Asian Paints, Dr Reddy’s, Maruti, Hindustan Unilever, ICICI Bank and Tech Mahindra.
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