<p>Mumbai: Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of the announcement of key financial results for the June quarter.</p><p>Retreating from early highs, the 30-share BSE Sensex closed lower by 27.43 points or 0.03 per cent at 79,897.34. The index climbed 245.32 points to hit a high of 80,170.09 in early trade but later lost momentum due to selling in index heavyweights. The barometer hit a day's low of 79,464.38, down by 460.39 points from the last close.</p><p>The NSE Nifty edged down 8.50 points or 0.03 per cent to settle at 24,315.95. The broader index gyrated between a high of 24,402.65 and a low of 24,193.75 in day trade.</p>.Sensex tanks over 400 points on widespread profit booking.<p>"The main indices are trading in a narrow range, struggling to justify its premium valuation ahead of the Q1 earnings season, which is forecast to be subdued," Vinod Nair, Head of Research, Geojit Financial Services said.</p><p>Among Sensex shares, Bajaj Finance, Mahindra & Mahindra, Sun Pharma, Nestle, NTPC, Power Grid, NTPC, UltraTech Cement and Larsen & Toubro were the biggest laggards.</p><p>The prominent gainers were ITC, Tata Motors, Asian Paints and Titan.</p><p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled higher. European markets were trading in positive territory. US markets ended significantly higher on Wednesday.</p><p>Foreign Institutional Investors (FIIs) bought equities worth Rs 583.96 crore on Wednesday, according to exchange data.</p><p>Global oil benchmark Brent crude climbed 0.21 per cent to USD 85.26 a barrel.</p><p>The BSE benchmark closed lower by 426.87 points or 0.53 per cent at 79,924.77 on Wednesday. The NSE Nifty dropped 108.75 points or 0.45 per cent to settle at 24,324.45.</p><p>Both the benchmark indices had hit their record high levels in opening deals on Wednesday.</p>
<p>Mumbai: Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of the announcement of key financial results for the June quarter.</p><p>Retreating from early highs, the 30-share BSE Sensex closed lower by 27.43 points or 0.03 per cent at 79,897.34. The index climbed 245.32 points to hit a high of 80,170.09 in early trade but later lost momentum due to selling in index heavyweights. The barometer hit a day's low of 79,464.38, down by 460.39 points from the last close.</p><p>The NSE Nifty edged down 8.50 points or 0.03 per cent to settle at 24,315.95. The broader index gyrated between a high of 24,402.65 and a low of 24,193.75 in day trade.</p>.Sensex tanks over 400 points on widespread profit booking.<p>"The main indices are trading in a narrow range, struggling to justify its premium valuation ahead of the Q1 earnings season, which is forecast to be subdued," Vinod Nair, Head of Research, Geojit Financial Services said.</p><p>Among Sensex shares, Bajaj Finance, Mahindra & Mahindra, Sun Pharma, Nestle, NTPC, Power Grid, NTPC, UltraTech Cement and Larsen & Toubro were the biggest laggards.</p><p>The prominent gainers were ITC, Tata Motors, Asian Paints and Titan.</p><p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled higher. European markets were trading in positive territory. US markets ended significantly higher on Wednesday.</p><p>Foreign Institutional Investors (FIIs) bought equities worth Rs 583.96 crore on Wednesday, according to exchange data.</p><p>Global oil benchmark Brent crude climbed 0.21 per cent to USD 85.26 a barrel.</p><p>The BSE benchmark closed lower by 426.87 points or 0.53 per cent at 79,924.77 on Wednesday. The NSE Nifty dropped 108.75 points or 0.45 per cent to settle at 24,324.45.</p><p>Both the benchmark indices had hit their record high levels in opening deals on Wednesday.</p>