HDFC, Kotak Mahindra Bank, IndusInd Bank, M&M and Reliance Industries were the top Sensex gainers
Financials and IT supported market and cushioned the fall, while most key sectoral indices traded in red
Nifty IT index climbed 0.72%, followed by the Nifty Pharma & Nifty Realty indices rose 0.48%, each. While Nifty FMCG & Nifty Auto gained around 0.36%.
Key benchmark indices snapped four-day winning run to end with modest losses on Friday.
Reliance Infra, Trent, VMart and Zomato are slated to announce their June quarter results on Monday.
Its revenue from operations increased 52% to Rs 156.95 crore during the quarter under review
Sensex tumbled 215.12 points or 0.39% to close at 54,277.72, while the broader NSE Nifty dropped 56.40 points or 0.35% to 16,238.20
Market breadth remained positive as 1,824 shares advanced compared to 1,390 declined while 115 remained unchanged.
Most sectoral indices barring Nifty IT and Nifty Pharma were in the green
After scaling its lifetime peak of 54,717.24 during the day, Sensex ended 123.07 points or 0.23% higher at its record high of 54,492.84