Share market HIGHLIGHTS: Sensex slides 184 points; Nifty ends below 12,050 mark; Yes Bank gains around 3%
The Indian headline indices- Sensex and Nifty ended lower on Tuesday as investors booked profit after the Sensex, Nifty hit record highs on Monday. While Sensex settled 184 points lower than the previous close at 40,083.54, Nifty ended at a level of 12,021.65, down 65 points from the last close. The benchmark indices hit a record high on Monday ahead of Reserve Bank of India meet on June 6. On BSE, among the top gainers are Yes Bank, NTPC, Axis Bank and Bajaj Finance, while the top losers are Hero MotoCorp, TCS, Asian Paints and Bajaj Auto.
ICICI Bank and Axis Bank shares fell on Tuesday after the rating firm Fitch downgraded both the banks on account of the weak financial health of private sector banks. On BSE, while Axis Bank shares turned green, ICICI Bank shares ended in red at Rs 481.95 per share, 0.92 per cent lower than the previous close. Shares of Axis Bank ended at Rs 821.40 per share, 1.12 per cent higher from the last close.