Sensex remains under pressure; Reliance Industries hits record high

Epic Update Reliance CommunicationsEpic Update Reliance Communications

Equity benchmarks continued to reel under selling pressure, though the losses trimmed in afternoon.

The 30-share BSE Sensex was down 124.83 points at 32,351.91 and the 50-share NSE Nifty fell 33.55 points to 10,047.95.

The broader markets outperformed benchmarks despite weak breadth, with the BSE Midcap up 0.2 percent. About 1,450 shares declined against 871 advancing shares on the BSE.

The Nifty Bank continued to struggle below 25,000 level, down 1 percent at 24,815.75.

Reliance Industries hit fresh intraday record high of Rs 1,648.90 on the NSE, up more than 1 percent.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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