The 3-day rally in the market took a break. after taking good start the market is closed weak. Due to high profit-taking on the upper level the market fell. Today the Nifty touched 8461 while SENSEX moved 200 points up. At the end, the Nifty closed near 8400 while SENSEX closed near 27250.
Selling of IT and Auto shares put pressure on the market.Also, metal, power, capital goods and consumer durables stocks also showed a sell-off.
Bank Nifty closed at 18912.10 up 0.20%, Axis Bank among top gainers gained 3.69%. Nifty PSU Bank index closed 0.19% down. Nifty Pvt Bank index closed at 10530.80 with gain of 0.39%.