Benchmark Sensex snapped its seven-session record setting spree to end 85 points lower today after the RBI hiked the policy rate on inflation concerns.

The Reserve Bank's Monetary Policy Committee raised the benchmark lending rate by 0.25 per cent for the second time in two months.

Benchmark Sensex slipped from life highs to fall over 100 points to 37,381.05 today as markets took a breather after six consecutive record-setting sessions.

Weak trend in other Asian markets, muted earnings and fresh foreign capital outflows weighed on investor sentiment here.

Benchmark Sensex slipped from life highs to fall over 100 points to 37,381.05 on Tuesday as markets took a breather after six consecutive record-setting sessions.

Weak trend in other Asian markets, muted earnings and fresh foreign capital outflows weighed on investor sentiment here.

The benchmark BSE Sensex on Monday opened at an all-time high of 37,491 points while Nifty20 traded above the 11,300 mark. At 9.40 AM, Sensex was at 37,413.15 points, up by 76.30 or 0.20 per cent and Nifty was at 11,302.10 points, up by 23.75 or 0.21 per cent.

Share Market Today: Indian stock markets (Sensex and Nifty) surged to record highs in the late afternoon deals with BSE Sensex and NSE Nifty finishing at all-time highs following the sharp rally in the shares of ITC, RIL, ICICI Bank, HDFC, HDFC Bank and Axis Bank. Both the key indices Sensex and Nifty edged higher in the late trade on the sustained upsurge in the shares of ITC, RIL, HDFC, ICICI Bank, HDFC Bank.

As Sensex hit another all-time high on Tuesday at 36902.06, three out of four BSE-500 stocks stayed at the other end of the spectrum, bleeding.

While 130 stocks have swung into the positive territory in 2018 (year to date), the remaining 370 have left investors in the lurch with a negative growth during the seven-month period since January 1.

Shares of L&T Technology Services (LTTS) have rallied 14% to Rs 1,485 per share on the BSE in early morning trade after the company reported a more-than-double net profit of Rs 1,981 million in June quarter (Q1FY19). The L&T group company had profit of Rs 980 million in the year ago quarter.

Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade on Monday led by gains in FMCG stocks after the GST Council on Saturday cut rates on over 100 items, amid fresh capital inflows by foreign funds and strengthening rupee.

The 30-share index was trading higher by 114.10 points, or 0.31 per cent, at 36,610.47. All the sectoral indices, led by FMCG, consumer durables and power stocks were trading in the positive zone, rising up to 1.21 per cent.

The benchmark Sensex snapped its two week winning streaks to register small losses by 45.26 points to conclude at 36,496.37, while the broader Nifty managed to maintain the key 11,000-level to close at 11,010.20, losing a marginal 8.70 points.

Caution ruled roost during the week trade, weighed down by economic woes set-off by the surging June Wholesale price (WPI) inflation which shot-up to a four-year high to 5.77 per cent increased the chances of RBI hiking rates in its August meet.

Domestic bourses recovered after falling for two straight sessions in early trade on Friday as the benchmark Sensex recovered over 150 points driven by a fresh round of buying ahead of the no-confidence debate in Lok Sabha on Friday.

Besides, persistent buying by domestic institutional investors (DIIs) too influenced sentiment.

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