Share Market Holiday: The equity, F&O, and currency markets will remain closed on 19th August 2021, on account of Moharram.
Sensex slipped 489 points from its record highs of 56,118 to end at 55,629. Likewise Nifty 50 settled lower at 16,568.
Additional penalty 3% will be levied in the event of default on delivery obligations takes place three times or more during six months
Market news: Sensex jumped 237 points or 0.43% surpassing the 56,000-mark at 56,029. Nifty50 advanced 69 points or 0.42%.
Overseas, Asian stocks traded mixed on Wednesday as investors reacted to the Reserve Bank of New Zealand's interest rate decision.
BSE Sensex surged 209.69 points or 0.38% towards the fag-end of the trading session to settle at record 55,792.27
In early deals, Sensex dropped 150 points or 0.27% to 55,431. NSE Nifty 50 was at 16,545, down 17 points or 0.11%.
Lupin has received tentative approval from the USFDA for its Abbreviated New Drug Application (ANDA) Brivaracetam Tablets
Santosh Meena of Swastika Investmart is positive on PNC Infratech with a target price of Rs Rs 330
Sensex closed the session 145.29 points or 0.26% higher at record 55,582.58. The 30-share BSE index touched a record intra-day high of 55,680.75.