Markets settle lower after hitting record peaks in intra-day; Sensex breaches 75,000-milestone

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Key Points

Benchmark equity indices ended marginally lower on Tuesday amid profit-taking after the BSE Sensex breached the historic 75,000-mark for the first time ever in early trade and the Nifty climbed to its fresh peak...

Putting a break on its record-breaking rally, the 30-share BSE Sensex declined 58.80 points or 0.08 per cent to settle at 74,683.70..

During the day, it climbed 381.78 points or 0.51 per cent to reach the all-time peak of 75,124.28...

Wall Street ended on a mixed note on Monday.. The Indian market reached a fresh intra-day peak before seeing profit-booking at higher levels in anticipation of tomorrows key US inflation data, which carries weight in determining future rate cuts by the US Fed..

The BSE benchmark jumped 494.28 points or 0.67 per cent to settle at a new closing peak of 74,742.50 on Monday..

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