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Equity benchmarks failed to hold its record high levels on Tuesday as investors preferred to book profits ahead of the outcome of monetary policy committee meeting due Wednesday. The Nifty ended below 9,650 level after hitting psychological 9,700-mark for the first time in opening trade.
The 30-share BSE Sensex was down 118.93 points at 31,190.56 and the 50-share NSE Nifty dropped 37.95 points to 9,637.15 following weakness in global peers.
The broader markets under performed benchmarks as the BSE Midcap and Smallcap indices were down more than 0.6 percent each on weak breadth. About two shares declined for every share rising on the exchange.
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