<p>Equity benchmark Sensex tumbled 695 points on Wednesday, tracking heavy profit-booking in index majors HDFC Bank, Infosys and Kotak Bank amid mixed cues from global markets.</p>.<p>After touching a lifetime high of 44,825.37 in opening session, the 30-share BSE index ended 694.92 points or 1.56 per cent lower at 43,828.10.</p>.<p>Similarly, the broader NSE Nifty touched a record intra-day peak of 13,145.85, before ending 196.75 points or 1.51 per cent down at 12,858.40.</p>.<p>Kotak Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by Axis Bank, Sun Pharma, HDFC Bank, Bajaj Finance and Asian Paints.</p>.<p>On the other hand, ONGC, PowerGrid and IndusInd Bank were the gainers.</p>.<p>"Domestic equities witnessed sharp correction today as profit booking was seen across the counters," said Binod Modi, Head- Strategy at Reliance Securities.</p>.<p>As expected, high volatility was seen ahead of monthly derivatives expiry, he noted.</p>.<p>"Having seen a sharp jump in last couple of trading days, a profit booking was broadly expected," he added.</p>.<p>Elsewhere in Asia, bourses in Shanghai and Seoul settled in the red, while Tokyo and Hong Kong ended with gains.</p>.<p>Stock exchanges in Europe were also trading on a mixed note in early deals.</p>.<p>Meanwhile, Brent crude futures, the global oil benchmark, was trading 1.15 per cent higher at USD 48.33 per barrel.</p>
<p>Equity benchmark Sensex tumbled 695 points on Wednesday, tracking heavy profit-booking in index majors HDFC Bank, Infosys and Kotak Bank amid mixed cues from global markets.</p>.<p>After touching a lifetime high of 44,825.37 in opening session, the 30-share BSE index ended 694.92 points or 1.56 per cent lower at 43,828.10.</p>.<p>Similarly, the broader NSE Nifty touched a record intra-day peak of 13,145.85, before ending 196.75 points or 1.51 per cent down at 12,858.40.</p>.<p>Kotak Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by Axis Bank, Sun Pharma, HDFC Bank, Bajaj Finance and Asian Paints.</p>.<p>On the other hand, ONGC, PowerGrid and IndusInd Bank were the gainers.</p>.<p>"Domestic equities witnessed sharp correction today as profit booking was seen across the counters," said Binod Modi, Head- Strategy at Reliance Securities.</p>.<p>As expected, high volatility was seen ahead of monthly derivatives expiry, he noted.</p>.<p>"Having seen a sharp jump in last couple of trading days, a profit booking was broadly expected," he added.</p>.<p>Elsewhere in Asia, bourses in Shanghai and Seoul settled in the red, while Tokyo and Hong Kong ended with gains.</p>.<p>Stock exchanges in Europe were also trading on a mixed note in early deals.</p>.<p>Meanwhile, Brent crude futures, the global oil benchmark, was trading 1.15 per cent higher at USD 48.33 per barrel.</p>