After touching a lifetime high of 57,918.71 in early deals, Sensex closed 214.18 points or 0.37% lower at 57,338.21
Bharti Airtel was the top Sensex gainer followed by Axis Bank, Tata Steel, Titan, Maruti and Bajaj Finance
Sensex settled 175.62 points or 0.31% higher at 56,124.72, while the broader NSE Nifty gained 68.30 points or 0.41% to close at a record 16,705.20
Reliance Industries, closing over 1% higher, was the top Sensex gainer, followed by M&M, HCL Tech, Axis Bank, ICICI Bank and HUL
In Asia, stock exchanges in Shanghai, Hong Kong, Tokyo and Seoul ended with strong gains
The benchmark Sensex added a whopping 6,000 points since January and touched 56,000 on Wednesday.
Markets is having a split personality where the top fifty stocks are positive but the rest of the market is correcting
HDFC was the top Sensex gainer, surging around 5%, followed by Kotak Bank, ICICI Bank, SBI, HDFC Bank and Axis Bank
The overall market breadth was positive as 1,740 stocks on the BSE advanced, while 1,505 declined and 131 remained unchanged
Nifty PSU Bank, closing nearly 2% lower, was the top sectoral laggard followed by Nifty Auto, and Nifty Bank