Nestle India, Bajaj Finserv, Sun Pharma, Hindustan Unilever, PowerGrid, UltraTech Cement, HCL Technologies, Wipro, Infosys, and Bajaj Finance were among the major big losers in the Sensex group.
Digital Desk: In a bumpy session on Wednesday, equity benchmarks struggled to hold on to early gains and came under selling pressure, with the Sensex falling 185 points amid mixed world market trends.
Reportedly, high crude oil prices, as well as outflows of foreign funds, hindered the recovery.
The 30-share BSE Sensex ended the day at 55,381.17, down 185.24 points or 0.33 percent. After an initial rally, it fell 474.98 points, or 0.85 percent, to 55,091.43 during the day.
The broader NSE Nifty ended at 16,522.75, down 61.80 points or 0.37 percent.
Nestle India, Bajaj Finserv, Sun Pharma, Hindustan Unilever, PowerGrid, UltraTech Cement, HCL Technologies, Wipro, Infosys, and Bajaj Finance were among the major big losers in the Sensex group.
On the other hand, M&M, HDFC, Kotak Mahindra Bank, HDFC Bank, and Tata Steel were among the gainers.
In other Asian markets, Shanghai and Hong Kong closed the day lower, while Tokyo ended the day higher.
During the afternoon trade in Europe, bourses were trading on a mixed note. Tuesday's stock market close in the United States was lower.
Meanwhile, the worldwide oil benchmark, Brent crude, surged 1.49 percent to USD 117.27 a barrel.
According to stock market statistics, on Tuesday, foreign institutional investors sold shares worth Rs 1,003.56 crores.
