<p>Equity benchmark Sensex tumbled 291 points on Wednesday, weighed by losses in index majors HDFC twins, ICICI Bank and Kotak Bank amid a negative trend in global markets.</p>.<p>Profit booking at higher levels to led to the decline in benchmark indices, analysts said.</p>.<p>Giving up the 50,000 mark, the 30-share BSE index ended 290.69 points or 0.58 per cent lower at 49,902.64. Similarly, the broader NSE Nifty fell 77.95 points or 0.52 per cent to 15,030.15.</p>.<p>Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank.</p>.<p>On the other hand, Sun Pharma, Nestle India, Tech Mahindra, Bajaj Auto and Axis Bank were among the gainers.</p>.<p>Binod Modi, Head Strategy at Reliance Securities, said domestic equities corrected after recording sharp upswing in the last two days.</p>.<p>Notably, profit-booking was visible in most counters. Barring pharma, realty and IT, most of key sectoral indices traded in red, he added.</p>.<p>Elsewhere in Asia, bourses in Shanghai and Tokyo ended on a negative note.</p>.<p>Equities in Europe were trading with losses in mid-session deals.</p>.<p>Meanwhile, international oil benchmark Brent crude was trading 1.96 per cent lower at USD 67.36 per barrel.</p>
<p>Equity benchmark Sensex tumbled 291 points on Wednesday, weighed by losses in index majors HDFC twins, ICICI Bank and Kotak Bank amid a negative trend in global markets.</p>.<p>Profit booking at higher levels to led to the decline in benchmark indices, analysts said.</p>.<p>Giving up the 50,000 mark, the 30-share BSE index ended 290.69 points or 0.58 per cent lower at 49,902.64. Similarly, the broader NSE Nifty fell 77.95 points or 0.52 per cent to 15,030.15.</p>.<p>Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank.</p>.<p>On the other hand, Sun Pharma, Nestle India, Tech Mahindra, Bajaj Auto and Axis Bank were among the gainers.</p>.<p>Binod Modi, Head Strategy at Reliance Securities, said domestic equities corrected after recording sharp upswing in the last two days.</p>.<p>Notably, profit-booking was visible in most counters. Barring pharma, realty and IT, most of key sectoral indices traded in red, he added.</p>.<p>Elsewhere in Asia, bourses in Shanghai and Tokyo ended on a negative note.</p>.<p>Equities in Europe were trading with losses in mid-session deals.</p>.<p>Meanwhile, international oil benchmark Brent crude was trading 1.96 per cent lower at USD 67.36 per barrel.</p>