Benchmark indices ended Wednesday's session with losses after hitting new highs earlier in the day, amid a sharp decline in Mahindra & Mahindra (M&M) and heavyweights in information technology and banking sectors.
The Sensex hit an intraday high at 80,481 but ended the session at 79,925, with a decline of 427 points, or 0.5 per cent. The National Stock Exchange Nifty ended the session at 24,325, a decline of 109 points, or 0.5 per cent. Both indices hit new highs during the day.
M&M contributed the most to the Sensex's decline. The automobile (auto) manufacturer posted its biggest singleday fall since April 21, 2020, after slashing prices for some of its sport utility vehicle (SUV) variants.
Esta historia es de la edición July 11, 2024 de Business Standard.
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Esta historia es de la edición July 11, 2024 de Business Standard.
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