An evening walk down Dalal Street

After clinching fresh milestones in the morning, shares had a sort of an anti-climax ending as benchmarks managed to end the day on a subdued note. Having said that, they managed to end the day on record closing highs.

While IT, pharma and FMCG gained big, weakness in banks, metals and auto offset the positive upmove and pushed indices to flat lines. The Nifty managed to end the day above 11,550, but below 11,600 that it hit for the first time.

D-Street had a good start to the day, following good global cues as well. But selling in banks along with a weaker rupee managed to drag them down from high point.

Metals and PSU banks were among the biggest losers, while among broader markets, midcap indices ended marginally in the red.

At the close of market hours, the Sensex was up 51.01 points or 0.13% at 38336.76, while the Nifty rose 11.90 points or 0.10% at 11582.80. The market breadth was narrow as 1,202 shares advanced, against a decline of 1,485 shares, while 186 shares are unchanged.

Among stocks, Larsen & Toubro, NTPC, and Tech Mahindra were the top gainers, while Tata Motors, Vedanta, and BPCL lost the most.