Sensex, Nifty trade lower ahead of F&O expiry; PSU banks, metals drag
Updated : May 29, 2019 12:30 PM IST
Indian benchmark indices BSE Sensex and NSE's Nifty 50 traded lower on Wednesday, dragged majorly by the PSU bank index.
The Nifty IT was the best-performing sector followed by Nifty FMCG and Nifty Pharma. The major losing sector in the red is Nifty PSU Bank index dragged by Punjab National Bank.
Bharti Infratel, GAIL, TCS, HCL Technologies and Wipro were among the major gainers on the Nifty50, whereas Zee Entertainment, Vedanta, ONGC, JSW Steel and Indiabulls Housing Finance led losses.