Markets@Moneycontrol: Markets lose steam through the day after opening at fresh record highs

Moneycontrol News 

Equity benchmarks closed lower after hitting fresh record highs intraday, dragged by banks, auto and FMCG stocks.

The 30-share Sensex was down 98.80 points at 33,911.81 and the 50-share NSE Nifty fell 40.70 points to 10,490.80. About 1,527 shares declined against 1,212 advancing shares on the BSE.

Gold prices retook the Rs 30,000-level with a jump of Rs 100 to trade at a three-week high of Rs 30,075 per 10 grams today, tracking a firm trend overseas amid persistent buying by local jewellers.

Silver also recaptured the Rs 39,000-mark by surging Rs 380 to Rs 39,250 per kg due to increased offtake by industrial units and coin makers.

For more, watch the Markets@Moneycontrol show. Moneycontrol correspondent Uttaresh Venkateswaran speaks to Anchal Pathak about what moved the markets today.