MUMBAI, Jan 5 (PTI): The Sensex snapped 6 days of upward movement on profit-booking today after crossing the 28,000- level in the morning for the first time since December 9, but slipped by nearly 45.58 points to end at 27,842.32.
The BSE 30-share index resumed trading higher and again crossed the crucial 28,000 mark to touch a high of 28,064.49 points on the back of across-the-board gains on hopes of push to economic reforms.
However, profit-booking in recent gainers towards the fag-end trading dragged the Sensex down to the day's low of 27,786.85 before settling 45.58 points, or 0.16 per cent, down at 27,842.32.
In the last six sessions, it had risen by almost 680 points.
The broad-based 50-issue Nifty of the NSE also eased by 17.05 points, or 0.20 per cent, to end at 8,378.40. Intra-day, it went past the 8,400-level to touch a high of 8,445.60. It touched the session's low of 8,363.90.
Fall in key counters including Dr Redddy, Bharti Airtel, Hindalco, HDFC Ltd, TCS, Sesa Sterlite, RIL, Infosys, SBI, BHEL, Coal India, HDFC Bank, M&M and Tata Power mainly weighed on the market sentiment.
"Profit booking at current levels and a cautious approach by participants ahead of earnings season with Infosys to post results on Friday kept market volatile today," said Manoj Choraria, a Delhi-based stock broker.
Bucking the trend, stocks of engineering and construction major L&T ended 1.42 per cent higher at Rs 1,556.50 after reports company has bagged contracts worth Rs 40.06 billion from domestic and international clients.
Sensex snaps 6-day winning streak
FE Team | Published: January 06, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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