An evening walk down Dalal Street

It was an anti-climax of sorts on the market as benchmarks failed to clock fresh highs, particularly for the Nifty as they managed to end the day on a mildly higher note. The Sensex, however, has ended at a record closing high. This is the sixth time in the last 10 trading sessions that the index has achieved this feat.

In the last hour, some selling in midcaps, metals, infra, energy, auto and IT names dragged the market lower from the day’s high points. The midcap index managed to end on a flat note, with a negative bias.

The Sensex is up 33.13 points or 0.09% at 36858.23, while the Nifty is down 2.30 points or 0.02% at 11132.00. The market breadth is narrow as 1346 shares advanced, against a decline of 1265 shares, while 172 shares are unchanged.

Backed by positive global cues, D-Street started the day on a positive note, with the bulls trying hard to get Nifty past the previous record of 11,171. But there was resistance around 11,050-mark and the index never really managed to sail through this juncture. The market then traded in a tight range through the session, before taking a turn and ending mildly higher.