Nifty, Sensex end in red, Nifty Metal hits 52-week high

Indian Benchmark indices Sensex and Nifty ended in red on Wednesday, closing much below their previous close. While Nifty ended at 9916.20 level, down by 0.36 per cent, Sensex dropped by 0.46 per cent to 31661.97 level.    
 
However, on the broader markets, indices closed with gains. BSE Mid-cap index ended higher by 0.17 per cent at 15,705, whereas BSE Small-cap index ended higher by 0.235 per cent at 16,250. India VIX closed at 13, up by 1.93 per cent.  
 
Nifty Metal became the top performer among all the sectoral indices, hitting its 52-week high of 3611 level in Wednesday’s intraday trade. The index ended with a gain of 0.75 per cent. While most of the indices closed in red on Wednesday, Nifty FMCG index and Nifty IT index dragged the markets the most.    
 
Reliance Industries ending with nearly 1 per cent gain, cushioned Nifty 50 to end above the 9900 mark. Whereas, ITC ending lower by 2.56 per cent at Rs 275.60, became the top loser on Nifty 50 index.   
 
Indiabulls Housing Finance, Hindalco and Coal India became the top gainers on Nifty. While the top nifty losers comprised of Sun Pharma, Bosch and ITC. Continuing its plunge since its listing, Aditya Birla Capital closed lower by 5 per cent.