Indian shares slip from record highs owing to losses in energy, financial stocks

For the year, the Nifty is still up around 12 per cent and the Sensex has gained 9 per cent, even as the second wave of Covid-19 battered the country.

Losses in energy and financial stocks pulled Indian shares down from record highs on Wednesday, with investors cautious ahead of key US inflation data due later in the week. The blue-chip NSE Nifty 50 index closed 0.67 per cent lower at 15,635.35 after earlier hitting an all-time high, while the benchmark S&P BSE Sensex fell 0.64 per cent to 51,941.64. For the year, the Nifty is still up around 12 per cent and the Sensex has gained 9 per cent, even as the second wave of Covid-19 battered the country.