Sensex, Nifty hit day’s low; breadth negative

New Delhi, Feb 16 (FN Bureau) The main stock indices slipped into the negative terrain in afternoon trade. Investors booked profits after recent steep gains. At 13:20 IST, the barometer index, the S&P BSE Sensex, declined 190.49 points or 0.37% at 51,963.64. The Nifty 50 index lost 61.05 points or 0.40% at 15,253.65.

The Sensex hit a record high of 52,516.76 and the Nifty hit an all time high of 15,431.75 in early trade. The broader market bucked the trend. The S&P BSE Mid-Cap index fell 0.25%. The S&P BSE Small-Cap index gained 0.06%. Sellers outnumbered buyers. On the BSE, 1,210 shares rose and 1,662 shares fell. A total of 155 shares were unchanged. In Nifty 50 index, 21 stocks advanced while 29 stocks declined. Foreign portfolio investors (FPIs) bought shares worth Rs 1,234.15 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,048.55 crore in the Indian equity market on 15 February 2021, provisional data showed.