Tuesday's session ended with the Sensex finishing 189 points lower, or 0.25 percent, at 74,482.78, and the Nifty 50 finishing the day at 22,604.85, or 0.17 percent, down 39 points.
For the first time, the BSE Sensex ended above the 75,000 level, closing at 75,038 at the end of the session, up 354 points, or 0.5%. With a gain of 111 points or 0.5%, the NSE Nifty 50 closed at 22,754.
The Nifty 50 reached its intraday high and low of 22,123.70 and 21,916.55, respectively, and opened at 21,990.10 compared to the previous close of 22,023.35. At 22,055.70, the index ultimately closed 32 points, or 0.15…
On March 7, the Sensex and the Nifty 50 opened at new all-time highs, with the Nifty 50 crossing 22,500 for the first time, and then traded flat around midday.
After India's economy stunned investors by growing at a higher rate than predicted in the December quarter, benchmark indices shot to all-time highs on Friday, with large cap companies driving the majority of the increase.
The Nifty fluctuated 377.25 points between the day's low and high on Thursday before surging to a record high of 22,252.50 for the fourth session in a row.
At 22,135.40, the benchmark index Nifty 50 reached a new all-time high, with the automotive, pharmaceutical, and consumer durables sectors driving the gains.
The BSE Sensex completed the day up 376 points at 72,426, the Bank Nifty index ended the day up 165 points at 46,384, and the Nifty 50 index went up 129 points to close at 22,040.
Fewer equities have been joining the S&P 500's recent climb as it has surged to new highs, raising concerns that recent gains may be reversed if the market's top performers falter.
Over 25 small-cap equities saw double-digit price increases last week, ranging from 20 to 65 percent, while the benchmark BSE Sensex saw a little weekly dip.
The Reserve Bank of India maintained interest rates constant for the sixth consecutive week on Thursday, sending mixed signals to the Indian stock market and raising the possibility that rates won't be slashed anytime soon.
At 22,126.80, the NSE Nifty 50 index reached an all-time high. As of 12:05 PM, it was up 1.7% at 22,086 while the S&P BSE Sensex was up 1.77% at 72,909.