Markets end in red after hitting new highs

The 30-share index ended down by 14.59 points or 0.05 percent at 26,163.29 after moving in range of 28,119.95 - 28,282.85.

Zee Media Bureau

After surpassing all previous records, the benchmark BSE Sensex and NSE Nifty ended marginally lower Tuesday on profit booking.

The 30-share index ended down by 14.59 points or 0.05 percent at 26,163.29 after moving in range of 28,119.95 - 28,282.85. The gauge had gained 237.24 points in the previous two sessions.

The National Stock Exchange index Nifty also slipped by 4.85 points, or 0.06 percent to 8,425.90.

Asian markets were mixed today, with Tokyo leading gainers on bargain-buying after the previous day`s sell-off, while Wall Street provided some support with another record close.

Hong Kong and Shanghai extended their previous day`s losses, despite a new trading link-up between the two exchanges.

Tokyo -- which lost almost three percent Monday on news Japan`s economy was in recession -- jumped 2.18 percent, or 370.26 points, to 17,344.06.

Seoul added 1.20 percent, or 23.38 points, to 1,967.01 and Sydney fell 0.24 percent, or 12.8 points, to close at 5,399.7.

Hong Kong lost 1.13 percent, or 267.91 points, to end at 23,529.17 and Shanghai shed 0.71 percent, or 17.64 points, to 2,456.37.

The US Dow Jones Industrial Average rose 0.07 per cent to close at a new high in yesterday's trade.

With agency inputs

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