Benchmark Indices Erased Gains After Hitting Record Highs

Benchmark indices erased gains after hitting record highs. Healthcare, auto, infra and select banks stocks pulled the market down but buying in index heavyweights ITC, Reliance Industries, HDFC and HDFC Bank limited losses.

The 30-share BSE Sensex was down 76.22 points at 30,951.99 and the 50-share NSE Nifty fell 37.50 points to 9,557.60.

The market breadth also turned negative as about two shares declined for every share rising on the BSE.

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