The domestic benchmark indices opened flat on Thursday as the US Federal Reserve meeting voted unanimously to pause the rate cut cycle, which started last September and has delivered 100 bps of cut to date.
At close, the Sensex was down 1,048.90 points or 1.36 per cent at 76,330.01, and the Nifty was down 345.55 points or 1.47 per cent at 23,085.95.
The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.
The Indian stock market outperformed the world's richest investor Warren Buffett's company Berkshire Hathaway in terms of return in the last 25 years, an AMC company report said.
As the Indian stock market keeps touching new highs amid a record bull run, over 42.4 lakh new demat accounts were opened in the month of June, the highest account opening rate since February.
S&P BSE Sensex gained 40 points to 61,378.29 whereas NSE Nifty 50 surged 19.75 to 18,288.75 level at 9.30 am on Monday.
Notably, this is the third straight session of fall after the indices had hit their fresh lifetime highs last week.
The Sensex of BSE touched a record high of 63,303.31 points after opening at 62,743.47 points and touched a low of 62,648.38 points. It had closed at 63,099.65 points, up by 417.81 points.
The Sensex of BSE on Tuesday touched a record high of 62,877.73 points after opening at 62,362.08 points and touched a low of 62,362.08 points during the day. The Sensex closed at 62,681.84 points, up by 177.04 points.
Sensex and Nifty traded largely steady at 61,762.64 points and 18,362.75 points this morning, respectively.
