FINAL TRADE: Indices retreat from record highs; Nifty gives up 22,950, Sensex ends 20 pts lower

Stock market today: Domestic blue-chip indices Nifty50 and Sensex closed subdued on Monday, May 27 amid profit booking, after scaling record highs in morning trade. The 30-share BSE Sensex closed at 75,390.5, down 19.89 points or 0.03 per cent, Sensex surpassed the 76,000 mark for the first time in afternoon trade today while NSE Nifty went up by 24.65 points or 0.11 per cent to settle at 22,932.45 after scaling a new lifetime high of 23,110.8.

Among the Nifty companies, 29 stocks were declining while 21 stocks were advancing. Adani Enterprises, Wipro, Grasim, SBI Life and ONGC were the top decliners in the Nifty 50 universe while Divi's, IndusInd Bank, Adani Ports, Axis Bank and LTIMindtree led the gains.

The domestically focussed Nifty SmallCap 100 and Nifty MidCap100 were up 0.81 per cent and 0.64 per cent, respectively.

The high-beta Nifty Bank index, whose 12 constituents include SBI, HDFC Bank, and ICICI Bank, settled 310.15 points or 0.63 per cent higher at 49,281.8. 

Global market 

On Monday, European stocks were subdued as investors taking a cautious stance ahead of key inflation data from the US and Europe later this week. 

The pan-European STOXX 600 was up 0.1 per cent at last count seen with the UK and UK markets closed on Monday.

(This story will be updated shortly.)

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